News Coverage of the Lending Club IPO

Yesterday was a very exciting day for Lending Club and p2p lending as a whole. I must say I was awed when I saw the opening price of around 25 US$ as that put the company valuation around 9 billion US$. Looking through the coverage the excitement is certainly shared:

• The Lending Club IPO: A First Hand Account at the NYSE, by Peter Renton of Lendacademy
• IPO: The Day the Nation Met Lending Club (with video), by Simon Cunningham of Lendingmemo
• Lending Club nabs $9 billion valuation in IPO, challenges big banks, San Jose Mercury News
• The Biggest U.S. Tech IPO Of The Year Went Nuts Today, Business Insider UK
• What Does Lending Club’s IPO Mean for the Future of Alternative Lending? American Banker
• One small step for P2P, one giant leap for Lending Club, Zopa Blog
• In French: Succès pour Lending Club : la finance à l’ère Google, Le Monde
• In German: Lending Club glänzt beim Börsendebüt, Wall Street Journal
• In Dutch: Stralend beursdebuut voor kredietsite Lending Club, De Telegraaf

The venture capital companies that backed Lending Club will be excited too (see graphic).