Do you need a loan to find a scene?

The Lending Club, which is rumoured to be on the market this year, has made a big splash, having just spent 140 million dollars on a loan service called Springstone. For the last round of financing only 125 million U.S. dollars, into the profits of the Lending club, it is obviously impossible to come up with so much money, so this acquisition relies entirely on debt + shares in exchange for special financing, can be regarded as a "bloody" acquisition.

To complete the acquisition, the Lending Club will have to bear 50 million of billions of dollars in debt, and give out $65 million worth of shares, from T.Rowe Price, Blackstone and other institutions to raise funds. The sum of $115 million trillion in financing served as a cash portion of the Springstone takeover, while the remaining 25 million dollars were paid to springstone on their own equity.

Springstone's main business is to provide loans to those who receive elective medical services outside the insurance scheme. At the same time, it serves parents who want their children to receive private education. At present, its cooperation in medical institutions and schools have more than 14,000.

"Parents who want to raise money for their children's education, and those who want better medical care, now have the option of Lending Club loans that can benefit from a responsible, transparent, affordable loan platform." "Lending Club CEO Renaud Laplanche said.

So far last year, Lending Club has been diversifying its business in a variety of ways. It seeks to cover more scenarios at the end of the loan, such as the previously launched business loans for small and medium-sized enterprises, and the medical and educational loan companies that were bought today. At the end of the fund, the Lending Club has also begun to allow institutions, such as banks, to act as lenders, a role that was largely personal.

According to the public data, the Lending Club itself has accumulated into more than 300 million dollars in venture capital, and the personal loans set up on the platform have accumulated about 3.8 billion dollars.