Can Lending Club’s IPO Help Thwart a Looming National Retirement Crisis?

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Marking another watershed moment for crowdfinance, the initial public offering of Lending Club (NYSE: LC), the world’s largest online P2P (“peer-to-peer “) marketplace connecting borrowers with lenders, was priced on Wednesday at $15 per share (a $5.4 billion valuation) – far above its pre-roadshow expected range of $10-$12. Surging in the aftermarket, the P2P giant… Read More

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