LendingClub's IPO Looms Over Alternative Lenders Seeking Funds
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It’s not often one company can have as much impact on an entire industry as LendingClub Corp. will next month.
LendingClub, which runs an online platform that links up borrowers with investors who want to fund them, may kick off its initial public offering as soon as next week by setting a price range for the sale, people familiar with the matter said.