
Lending Club
Founded Year
2006Stage
IPO | IPOTotal Raised
$263.26MDate of IPO
12/11/2014Market Cap
1.03BStock Price
9.66Revenue
$0000About Lending Club
Lending Club utilizes technology and innovation to reduce costs and offer borrowers better rates and investors better returns. Over $4 billion in personal loans have been issued through the Lending Club platform. The Company has been prominently recognized as a leader for its growth and innovation, including being named one of Forbes' America's Most Promising Companies three years in a row, a 2012 World Economic Forum Technology Pioneer, and one of The World's 10 Most Innovative Companies in Finance by Fast Company in 2013. Lending Club is based in San Francisco, California.
Lending Club's Product Videos


Compete with Lending Club?
Ensure that your company and products are accurately represented on our platform.
Research containing Lending Club
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Lending Club in 14 CB Insights research briefs, most recently on Jun 21, 2022.

Mar 30, 2022
140+ startups shaping the digital lending space



Jun 29, 2020
Q&A: How Fintech Is Adapting Post-Covid-19Expert Collections containing Lending Club
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Lending Club is included in 2 Expert Collections, including Digital Lending.
Digital Lending
1,903 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Fintech
7,746 items
US-based companies
Lending Club Patents
Lending Club has filed 47 patents.
The 3 most popular patent topics include:
- Data management
- Computer network security
- Parallel computing

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
12/6/2017 | 1/17/2023 | Airline tickets, Disability sport classifications, Data management, Events (computing), National accounts | Grant |
Application Date | 12/6/2017 |
---|---|
Grant Date | 1/17/2023 |
Title | |
Related Topics | Airline tickets, Disability sport classifications, Data management, Events (computing), National accounts |
Status | Grant |
Latest Lending Club News
Jan 19, 2023
19th January 2023 Digital lending platform LendingClub is to lay off 225 employees – 14% of its headcount – citing the detrimental impact of recent interest rate hikes on the demand for loans. LendingClub to cut 225 jobs LendingClub is due to publish its Q4 results later this month, with Reuters reporting the company expects revenue to be between $260 million and $263 million and a net income between $21 million and $24 million for Q4. In a statement, company executives said the layoffs are a result of “reduced marketplace revenue following the Federal Reserve’s historic pace of interest-rate increases”. The company anticipates the job cuts will generate savings somewhere in the region of $25 million to $30 million this year, Reuters reports. In October, LendingClub executives said they expected “more tempered loan volumes and marketplace revenue” in H2 2022 after the Federal Reserve hiked interest rates in a bid to drive down inflation. The San Francisco firm, which offers low-cost loans, joins a long list of fintech firms that have cut jobs over the past year in the face of a looming global recession, with Crypto.com , Till Payments and Clearco among the latest to slash jobs.
Lending Club Frequently Asked Questions (FAQ)
When was Lending Club founded?
Lending Club was founded in 2006.
Where is Lending Club's headquarters?
Lending Club's headquarters is located at 71 Stevenson, San Francisco.
What is Lending Club's latest funding round?
Lending Club's latest funding round is IPO.
How much did Lending Club raise?
Lending Club raised a total of $263.26M.
Who are the investors of Lending Club?
Investors of Lending Club include FinSight Ventures, Sands Capital, T. Rowe Price, Wellington Management, BlackRock and 15 more.
Who are Lending Club's competitors?
Competitors of Lending Club include Lendified, PeopleFund, Avant, Younited, Prosper Marketplace, Zirtue, Habito, Creditas, Pagaya, Splash Financial and 35 more.
Compare Lending Club to Competitors

Prosper provides a lending marketplace that connects people who want to invest money with people who want to borrow money. It offers affordable and personalized financial solutions that empower customers across the credit spectrum. The company was founded in 2006 and is based in San Francisco, California.

Bond Street is transforming small business lending through technology, data and design.

Biz2Credit is an online small business funding platform connecting business owners with a range of lenders that offer a wide range of funding options. Biz2Credit connects borrowers with credit solutions based on online profiles that can be completed in less than four minutes in a safe, efficient, price-transparent environment.

Chqbook is a fintech startup that allows customers to explore, compare, book, and get personal finance products such as home loans, personal loans, and credit cards.
Acorn Finance provides home improvement financing to contractors and homeowners. The firm partners with home improvement contractors and manufacturers to connect their customers to a marketplace of national lenders. Contractors and manufacturers pay no fees to use the Acorn platform, while customers get to compare competitive loan offers to finance their home repair and renovation projects.

Capitalise offers an online platform where lenders and businesses can compare and apply for finance and loans.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.