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Peer-to-Peer Lending Club Moves Closer to IPO

The Wall Street Journal
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April 18, 2014 AT 10:40 AM
Online peer-to-peer lender LendingClub raised $115 million in equity and debt, giving it a valuation of $3.8 billion as it eyes an IPO. Peter Renton, co-founder of the Lenit Conference and CEO of Lend Academy, discusses on MoneyBeat. Photo: Getty Images.