This Fintech Stock Just Crushed its First Quarter Forecast

·1 min read

A variety of factors helped LendingClub (NYSE: LC) have a very successful first quarter. In this video clip from the "Future of Fintech" on Motley Fool Live, recorded on May 19, contributor Bram Berkowitz gives his quick thoughts on why he is excited about the lending company. Upstart just got hammered for holding loans because their model is a marketplace, LendingClub is a digital marketplace bank, they got the bank charter, and they actually want to hold loans.

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