This Fintech Is Building an AI-Powered Bank on the Cheap — and Trades for Less Than Book Value | The Motley Fool

In the wake of all the economic and interest rate turmoil since the pandemic, some promising young AI fintech start-ups went bust. However, one of the older and established fintechs, LendingClub (LC 0.28%), has been scooping up several bankrupt start-ups’ intellectual property on the cheap.

LendingClub is using this IP in addition to its own investment to build a potentially powerful financial ecosystem with lots of growth potential in the years ahead….