[Karen37a]

Could be a dead cat bounce.

I think they state that they funded 6 billion in 10 years.That's a lot of funding, renewals and referral partners. If something didn't seriously go wrong on the numbers ( big short). I would think they can recover. Depends on new equity $$ like some said and existing funding allocations, returns, renewals and default ratios etc.
I do not think that banks can really buy these companies because of the Dodd-Frank act and Volcker rule, usuary laws etc. It's like separation of church and state. Banks/Private money/hedge funds/credit lines

You can put hedge fund managers in a fiduciary capacity over additional things then all those "demo nums exception rules" and "de minimus holdings" can be broken and you are personally liable