Google takes stake in Lending Club | Bangkok Post: business

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Google takes stake in Lending Club

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Internet giant Google said Thursday it has acquired a $125 million minority stake in peer-to-peer online loan company Lending Club. 

Internet giant Google has acquired a $125 million minority stake in peer-to-peer online loan company Lending Club. Internet giant Google has acquired a $125 million minority stake in peer-to-peer online loan company Lending Club.

The search engine giant bought shares in the company from stakeholders in a deal which also involved Foundation Capital, an existing investor in Lending Club.

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