DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister ...
Read More »The online lending hits roadblocks
Investors have been enthusiastic about the potential of online marketplace lenders in recent years, but the industry has hit some significant roadblocks. LendingClub’s stock has fallen almost 60 percent this year. Prosper Marketplace cut about 28 percent of its staff in May. Regulators are starting to circle. The question now is whether these technology-based firms will continue to lose ...
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