Stories

GreenSky sets big IPO terms

Timelapse Northern Lights GIF - Find & Share on GIPHY
Source: Giphy

GreenSky, an Atlanta-based digital lending platform, set its IPO terms to 34.09 million shares at $21-$23.

Why it's a big deal: Because this is a major market validation test for an online lending market whose last two VC-backed "unicorns" — LendingClub and OnDeck Capital — have flopped post-IPO.