Deals like SoFi’s $8.6 billion listing by acquisition back in January and GreenSky’s $2.2 billion sale to Goldman Sachs, announced in September, show that buyers remain interested in consumer lenders with a novel tech proposition. With valuations trailing the robust appreciation in the S&P since Covid, let’s take a look at Houlihan Lokey’s fall update for a deeper dive into sector trends.

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