A big victory for the FinTech sector...and the kick-off of a great period ahead of us!
Lending Club on Thursday shot up 56 percent in its Wall Street debut, making the online lending startup one of the most valuable financial institutions in the country and positioning the once-rogue Internet lending sector to challenge the traditional banking industry. Shares of Lending Club started trading at $24.75, a 65 percent jump from its $15-a-share price set the previous night, before finishing the day at $23.43. "We know that we are going to be measured over the long term and our success will play out over the years, but it was certainly a great way to start the day," said Scott Sanborn