US peer-to-peer lender LendingClub said to reach $2.3 billion valuation in DST funding

LendingClub Corp., the largest U.S. peer-to-peer lender, received a $57 million investment from Yuri Milner’s DST Global and Coatue Management LLC as the company nears an initial public offering. The transaction values LendingClub at $2.3 billion, said two people with knowledge of the deal, who asked not to be identified because the valuation is private. …

US peer-to-peer lender LendingClub said to reach $2.3 billion valuation in DST funding Read More