Lending Club

Lending Club was founded in 2007 with one simple mission: create a more efficient alternative to the traditional banking system that provides lower rates to borrowers and better returns to investors. The company operates an online credit marketplace where investors provide loans to creditworthy borrowers in exchange for the interest income. Lending Club leverages technology to provide a simple, cost-efficient experience generating value that it passes on to customers. As of December 2013, more than $3 billion in loans have been issued to borrowers and nearly $300 million in interest payments have been returned to investors.

The company was founded by Renaud Laplanche, a highly respected entrepreneur; backed by a solid team that is made up of innovators from financial services, technology and consumer products.

Lending Club was recently recognized as one of the 20 "Breakthrough Ideas for 2009" by Harvard Business Review, has been nominated for "Top 100 Innovators" by The Industry Standard, is on the JMP Hot 100 list, and the Always On Global 250 Top Private Companies list. In addition Lending Club won the Webby Award in 2008 for the "Best Banking Website" while also obtaining nominations and honors in 2009, 2011.

San Francisco, US
1,382 (est)+31%
Lending Club was founded in 2007 and is headquartered in San Francisco, US

Key People at Lending Club

Renaud Laplanche

Renaud Laplanche

Founder & CEO
Carrie Dolan

Carrie Dolan

Chief Financial Officer
John MacIlwaine

John MacIlwaine

Chief Technology Officer
Scott Sanborn

Scott Sanborn

Chief Operating & Marketing Officer
Jason Altieri

Jason Altieri

General Counsel, Compliance Officer
Chaomei Chen

Chaomei Chen

Chief Risk Officer

Lending Club Locations

San Francisco, US
Houston, US
Chicago, US
Washington, US
Los Angeles, US
Orlando, US
Tampa, US
Westborough, US
New York, US
Atlanta, US
Charlotte, US

Lending Club Metrics

Lending Club Summary

Market capitalization

$2.27 B

Closing share price

Lending Club's current market capitalization is $2.27 B.

Lending Club Financials

We estimate that Lending Club's revenue is $430 M in Y, 2015 which is 103.64% increase from the previous period.
Y, 2013Y, 2014Y, 2015


$98 M$211 M$430 M

Operating expense total

$90.7 M$243 M$432 M

Net Income

$7.31 M$-32.9 M$-5 M

Lending Club Market Value History

Lending Club Online Presence

Lending Club News

Lending Club Company Life

You may also be interested in