Financials

  • Market Capitalization 1.7082 B
  • Employee 1 075
  • Founded 2006
  • CEO Scott Sanborn
  • Website www.lendingclub.com
  • Headquarter Delaware, United States
  • FIGI BBG001YKDND6
  • Industry Technology
Total revenue
Net income
Basic earnings per share (Basic EPS)
Total debt
Free cash flow
Cash & equivalents
Price to earnings ratio
16.33
Price to sales ratio
17.88
Dividends per share
Dividend yield %

LendingClub Corporation

LendingClub Corporation is an American financial services company headquartered in San Francisco, California. It was the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission, and to offer loan trading on a secondary market. At its height, LendingClub was the world's largest peer-to-peer lending platform. The company reported that $15.98 billion in loans had been originated through its platform up to December 31, 2015. LendingClub enabled borrowers to create unsecured personal loans between $1,000 and $40,000. The standard loan period was three years. Investors were able to search and browse the loan listings on LendingClub website and select loans that they wanted to invest in based on the information supplied about the borrower, amount of loan, loan grade, and loan purpose. Investors made money from the interest on these loans. LendingClub made money by charging borrowers an origination fee and investors a service fee.

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