Lending Club

Lending Club is the world’s largest online credit marketplace, facilitating personal loans, business loans, and financing for elective medical procedures and K-12 education and tutoring. Borrowers access lower interest rate loans through a fast and easy online or mobile interface. Investors provide the capital to enable many of the loans in exchange for earning interest.

We operate fully online with no branch infrastructure, and use technology to lower cost and deliver an amazing experience. We pass the cost savings to borrowers in the form of lower rates and investors in the form of attractive returns. We’re transforming the banking system into a frictionless, transparent and highly efficient online marketplace, helping people achieve their financial goals every day.

Company growth
Type
Public
HQ
San Francisco, US
Founded
2007
Size (employees)
1,382 (est)
Lending Club was founded in 2007 and is headquartered in San Francisco, US

Key People at Lending Club

Scott Sanborn

Scott Sanborn

President and CEO
Tom Casey

Tom Casey

Chief Financial Officer
John MacIlwaine

John MacIlwaine

Chief Technology Officer
Angela Loeffler

Angela Loeffler

Chief People Officer
Tim Bogan

Tim Bogan

Chief Risk Officer
Patrick Dunne

Patrick Dunne

Chief Capital Officer
Sameer Gulati

Sameer Gulati

Chief Operations Officer
Sandeep Bhandari

Sandeep Bhandari

Chief Credit Officer

Lending Club Office Locations

Lending Club has offices in San Francisco, Westborough
San Francisco, US
Westborough, US

Lending Club Metrics

Lending Club Summary

Market capitalization

$2.22 B

Closing share price

$5.78
Lending Club's current market capitalization is $2.22 B.

Lending Club Financials

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

Revenue

$430 M$211 M$98 M

Revenue growth, %

103.6%115.4%

Sales and marketing expense

$172 M$85.7 M$37.4 M

R&D expense

$77.1 M$38.5 M$15.5 M

General and administrative expense

$122 M$81.1 M$19.8 M

Operating expense total

$432 M$243 M$90.7 M

Net Income

$-5 M$-32.9 M$7.31 M

Lending Club Operating Metrics

Q3, 2016Q2, 2016Q1, 2016Q4, 2015Q3, 2015Q2, 2015Q1, 2015Q4, 2014Q3, 2014Q2, 2014Q1, 2014Q4, 2013

Total loans issued (units)

1.84 M1.66 M1.5 M1.28 M1.06 M884 K726 K595 K477 K379 K297 K240 K

Total loans issued

$22.7 B$20.7 B$18.7 B$16 B$13.4 B$11.2 B$9.26 B$7.62 B$6.21 B$5.04 B$4.03 B$3.24 B

Lending Club Market Value History

Lending Club Online Presence

Lending Club Company Life

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