Here's Why Fintech Companies Are Opting to Stay Private: Funding Just Hit A Record

Record number of deals for fintech in 2015.
Photographer: Don Emmert/AFP via Getty Images
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Some fintech companies that have recently entered the public market have had a tough time of late.

While shares of LendingClub Corp. and On Deck Capital, Inc. have each fallen more than 40 percent since their initial public offerings and LoanDepot shelved its own IPO, their private market colleagues seem to have fared better.