Tagged: ipo

April 17, 2015 @ 2:03 am By Midori Yoshimura  |  

Beijing-based peer-to-peer lender Yirendai.com plans to raise about $300 million in a U.S. initial public offering, notes a recent BloombergBusiness story, citing people with knowledge of the matter. If the IPO takes place, Yirendai could become the first Chinese online-loan platform to list overseas, following the likes of offerings by U.S…. Read More

April 3, 2015 @ 2:50 am By Midori Yoshimura  |  

Funding Circle, which claims to be the “world’s leading online marketplace lender exclusively focused on small business,” is in advanced talks with Temasek Holdings, a Singaporean sovereign wealth fund, to sell a stake in itself, according to Sky News. The move is part of a fundraising effort–to… Read More

March 22, 2015 @ 6:39 pm By JD Alois  |  

Peer to peer lending platform DirectMoney is said to be preparing to publicly trade shares on the Australian Securities Exchange (ASX) within the next eight weeks. If it successfully lists shares it will become the first platform to trade in Australia and one of the… Read More

March 8, 2015 @ 9:04 pm By JD Alois  |  

Peer to peer lender SoFi (or Social Finance) may receive a $3.5 billion market valuation later this year in an initial public offering (IPO).  SoFi is a direct lender that got its start in the student loan refinancing sector but has since expanded its credit… Read More

February 25, 2015 @ 3:41 am By Midori Yoshimura  |  

One of China’s largest lenders, and potentially one of the world’s largest, based on the number of branches, is in talks with potential investors about selling a minority stake before a possible listing, according to a recent article in the South China Morning Post. The Postal… Read More

February 9, 2015 @ 4:30 pm By Samantha Hurst  |  

Ready to share his thoughts about the new year, CEO of PENSCO, Kelly Rodriquez revealed his top five predictions for 2015. During a recent post on the platform’s blog, Rodriquez stated, “As the CEO of PENSCO, I find myself at a fascinating intersection between IRAs, alternative… Read More

February 2, 2015 @ 9:15 am By JD Alois  |  

  Leading investment crowdfunding portal Seedrs is claiming another “first”.  In a note to followers, CEO and co-founder Jeff Lynn stated; “I’m pleased to share that today Seedrs is launching the first-ever crowdfunding campaign for a company’s IPO.” It should be noted that SyndicateRoom claimed the… Read More

January 6, 2015 @ 10:42 am By Samantha Hurst  |  

ReverseMergers.com, a provider of reverse mergers and alternative public offering solutions for companies looking to raise capital or provide both investor liquidity, announces the release of several alternative public offering market predictions for 2015. The company expects an increase toward IPO-alternatives in 2015 as the IPO… Read More

January 5, 2015 @ 1:30 pm By Erin Hobey  |  

The StartUp Nation Scales Up. According to OurCrowd’s blog, “This past week, we waved 2014 goodbye and welcomed in the new year – but not without a bit of self reflection at what an amazing year it’s been for the Startup Nation. In 2014, Israel… Read More

December 23, 2014 @ 7:45 am By Erin Hobey  |  

The London Stock Exchange has today seen its first “combined IPO”, after a company successfully floated with investment from both crowdfunding and institutional investors. The Mill Residential REIT invests in buy-to-let property and has listed on AIM with a market capitalization of £3.5million.  According to… Read More

December 17, 2014 @ 1:11 pm By JD Alois  |  

The next peer to peer lending platform to publicly trade, OnDeck, hit the screens of the NYSE today trading under the symbol ONDK.  The company filed its S-1 with the SEC this past November catching the wave of Lending Club’s IPO success earlier this month…. Read More

December 16, 2014 @ 4:42 pm By Samantha Hurst  |  

Lending Club (NYSE: LC) an online marketplace the connects borrowers and investors, announced on Tuesday (December 16th) the closing of its initial public offering and the exercise in full of the underwriters’ option to purchase an additional 8,700,000 shares from Lending Club. After the underwriters’… Read More

December 14, 2014 @ 11:01 pm By Dara Albright  |  

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… Read More

December 11, 2014 @ 3:27 pm By JD Alois  |  

The highly anticipated Lending Club (LC:NYSE) IPO rocketed out of the gate today at over $24 /shares.  The valuation for a company that has processed over $6 billion in loans but has barely made a profit brought excitement back to the big board today as… Read More

December 11, 2014 @ 1:46 pm By Samantha Hurst  |  

Earlier this morning, Crowdfund Insider reported that Lending Club, the largest peer to peer lender in the world, announced it will finally be listing shares today as its public offer trades on the New York Stock Exchange. The platform’s IPO will be  trading under the symbol… Read More

December 11, 2014 @ 4:50 am By JD Alois  |  

Lending Club, the largest peer to peer lender in the world, will finally list shares today as their public offer trades on the New York Stock Exchange.  Trading under the symbol “LC”, this IPO is described as a bellwether for the entire P2P lending industry…. Read More

December 8, 2014 @ 11:47 pm By JD Alois  |  

The largest peer to peer lending platform on the planet, Lending Club, will finally trade shares later this week as the highly anticipated IPO hits the screens of the New York Stock Exchange.  As many industry followers have expected, the projected price per share has… Read More

December 1, 2014 @ 12:52 pm By JD Alois  |  

In an amended S1 filing today, Lending Club revealed the proposed maximum offering price per share, along with the aggregate offering amount.  The document filed with the SEC indicates 57,700,000 shares may be sold at a price of up to $12 / share.  The prospectus… Read More

November 16, 2014 @ 10:00 pm By JD Alois  |  

In an article published on PEHub this past week, the author stated that according to several sources Lending Club is also considering a buyer and is “pursuing a dual track”.  Lending Club announced that it had filed for an Initial Public Offer this past August. … Read More

November 10, 2014 @ 6:19 pm By JD Alois  |  

OnDeck, an online platform for small business lending, has  announced that it has filed an S-1 registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. OnDeck has applied to list its common stock on the New… Read More