Lending Club Receives $115,000,000 New Financing Round

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  • Company Name
    Lending Club
  • Mailing Address
    71 Stevenson San Francisco, CA 94105 USA
  • Company Description
    Lending Club 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.
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  • Proceeds Purposes
    Lending Club has acquired Springstone Financial for about $140 million in cash and stock, the company said this morning.
  • M&A Terms
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  • Venture Investor

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