Lending Club has set terms for its upcoming IPO. Aiming to trade on the NYSE under the symbol LC, the company plans to sell 57.7 million shares at between $10 and $12 each. Pricing at the midpoint would raise almost $635 million with an initial market cap of about $4 billion. Earlier this year, the peer-to-peer lending platform raised $115 million at a valuation of $3.7 billion, bringing its VC funding total to over $230 million. Backers include Norwest Venture Partners (16.3% pre-IPO stake), Canaan Partners (15.7%), Foundation Capital (12.7%) and Morgenthaler (9.2%), among others.