Lending Club raises $24.5 million
Posted by Paul in Publisher, Venture capital, business on April 14, 2010
Lending Club, the peer-based lending service, where users lend users money, has announced that it has raised a whopping $24.5 million in a series C round led by Foundation Capital, Morgenthaler Ventures, and Norwest Venture Partners. This brings Lending Club’s total capital raise at just over $52 million. The company was founded in 2006 and originally started as a Facebook app.
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