Craft

Lending Club

Stock Price

$10.9

2024-09-16

Market Capitalization

$1.4 B

2024-08-26

Revenue

$864.6 M

FY, 2023

Lending Club Summary

Company Summary

Overview
Lending Club operates as an online marketplace that connects borrowers and investors. Its marketplace facilitates various types of loan products for consumers and small businesses, including unsecured personal loans, unsecured education and patient finance loans, auto refinance loans, and small business loans and lines of credit. The company also offers investors an opportunity to invest in a range of loans based on term and credit characteristics. It serves retail investors, high-net-worth individuals and family offices, banks and finance companies, insurance companies, hedge funds, foundations, pension plans, and university endowments.
Type
Public
Status
Active
Founded
2007
HQ
San Francisco, CA, US | view all locations
Website
https://lendingclub.com
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Scott Sanborn

    Scott Sanborn, Chief Executive Officer & Director

  • Valerie Kay

    Valerie Kay, Chief Capital Officer

  • George Braden

    George Braden, Vice President - Relationship Manager - Sales

  • Mike Butler, President, Chief Executive Officer and Be Based in Boston, MA.

    Operating MetricsView all

    Total Loans, units

    2.4M
    42.3%

    Q2, 2017

    Total Loans

    $28.8B
    39.0%

    Q2, 2017

    Non-performing Loans, units

    3.4K
    20.6%

    Q2, 2017

    LocationsView all

    3 locations detected

    • San Francisco, CA HQ

      United States

      595 Market Street, #200, San Francisco

    • Lehi, UT

      United States

      2701 N Thanksgiving Way #300

    • Westborough, MA

      United States

      1700 W Park Dr #310

    Lending Club Financials

    Summary Financials

    Revenue (Q2, 2024)
    $187.2M
    Net income (Q2, 2024)
    $14.9M
    Cash (Q2, 2024)
    $19.1M
    Enterprise value
    $1.4B

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