Lending Club Garners $865,500,000 New Financing

  • Feed Type
  • Date
    12/11/2014
  • Company Name
    Lending Club
  • Mailing Address
    71 Stevenson San Francisco, CA 94105 USA
  • Company Description
    Lending Club (NYSE: LC) is an online lending community where people can borrow and lend money, bypass the banks, and get better rates. By working together, members can borrow money more easily and at a better rate than they would get from a bank, or invest in a pool of loans at higher rates than those served by savings accounts or CDs.
  • Website
    http://www.lendingclub.com
  • Transaction Type
    IPO
  • Transaction Amount
    $865,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes are on file with company statements at the SEC.
  • M&A Terms