LendingClub Status
Foundation Capital sold its full stake in the company (NYSE:LC) for an undisclosed amount on April 2, 2018.
LendingClub Corp is a United States-based company engaged in operating an online lending marketplace platform that connects borrowers and investors for the provision of the loan facility. It offers investors access to an asset class that has generally been closed to many investors and only available on a limited basis to institutional investors. The company through the platform offer loan products such as personal, education and patient finance, small business and auto to interested investors. It generates a majority of the revenue from the transaction fees received from the platform's role in accepting and decisioning applications on behalf of the bank partners to enable loan originations.
Year Founded
2006
Employees
1.8 K
RevenueFY 2018
$694.8 M
Net IncomeFY 2018
($128.3 M)
General Information
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Website
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Business Status
Generating Revenue/Not Profitable
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Ownership Status
Publicly Held
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Financing Status
Formerly VC-backed
LendingClub News and Updates
P2P Lending Market 2020 Analysis and Precise Outlook – CircleBack Lending, Lending Club, Peerform, Prosper, Upstart
Verdant News | September 21, 2020
Alternative Finance Market Size and Forecasts Research Report 2020-2025
The Daily Chronicle | September 21, 2020
LendingClub's Feed
LendingClub Primary Industry Sector / Group / Code
LendingClub's Trends
LendingClub Metrics
Growth Rate
SimilarWeb Unique Visitors
Majestic Referring Domains
Twitter Followers
Headquarters
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HQ Address Line 171 Stevenson Street
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HQ Address Line 2Suite 1000
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HQ CitySan Francisco
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HQ State/ProvinceCalifornia
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HQ Post Code94105
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HQ CountryUnited States
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