LendingClub Files For $500M IPO
August 27, 2014 at 14:43 PM EDT
LendingClub, a company that provides an online loan marketplace, filed today to go public. According to its S-1 document, the company intends to raise up to $500 million in its flotation. LendingClub, as with many technology companies currently seeking the public markets, has quickly growing revenues but isn’t profitable. Read More