LendingClub Overview
- Year Founded
-
2006
- Status
-
Public
- Employees
-
1,025
- Stock Symbol
-
LC
- Investments
-
5
- Share Price
-
$9.50
- (As of Friday Closing)
LendingClub General Information
Description
LendingClub Corp is a company engaged in operating an online lending marketplace platform that connects borrowers and investors for the provision of the loan facility. It offers investors access to an asset class that has generally been closed to many investors and only available on a limited basis to institutional investors. The company through the platform offers loan products such as personal, education and patient finance, small business, and auto to interested investors. It generates a majority of the revenue from the transaction fees received from the platform's role in accepting and decisioning applications on behalf of the bank partners to enable loan originations.
Contact Information
Website
www.lendingclub.comCorporate Office
- P.O. Box 884268
- Los Angeles, CA 90088-4268
- United States
LendingClub Stock Performance
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $9.50 | $9.37 | $4.73 - $10.92 | $1.06B | 110M | 1.31M | $0.34 |
LendingClub Financials Summary
|
In Thousands, USD |
TTM 31-Mar-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| Revenue | 804,580 | 864,619 | 1,187,216 | 818,630 |
| Net Income | 37,523 | 38,939 | 289,685 | 18,580 |
| Total Assets | 9,244,828 | 8,827,463 | 7,979,747 | 4,900,319 |
| Total Debt | 7,819,343 | 7,390,709 | 6,600,127 | 3,837,714 |
LendingClub Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
LendingClub Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|
LendingClub Comparisons
Industry
Financing
Details
0000
0000 0
LendingClub Competitors (20)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| SoFi | Formerly VC-backed | San Francisco, CA | 0000 | 00.000 | 000000000 | 00.000 |
| Ally Financial | Corporate Backed or Acquired | Detroit, MI | 00000 | 000.00 | 000000000 | 000.00 |
| MBH Mortgage Bank | Corporation | Budapest, Hungary | 00 | 000.00 | 000000000 | 000.00 |
| Truist | Corporation | Charlotte, NC | 00000 | 000.00 | 000000000 | 000.00 |
| Citibank Group | Corporate Backed or Acquired | New York, NY | 0000 |
LendingClub Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
LendingClub Patents
LendingClub Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-11243941-B2 | Techniques for generating pre-emptive expectation messages | Active | 13-Nov-2017 | 00000000000 | 000 |
| US-20190147079-A1 | Techniques for generating pre-emptive expectation messages | Active | 13-Nov-2017 |
LendingClub Executive Team (45)
LendingClub Board Members (21)
| Name | Representing | Role | Since |
|---|---|---|---|
| Allan Landon | LendingClub | Board Member | 000 0000 |
| Erin Selleck | LendingClub | Board Member | 000 0000 |
| John Morris | Nyca Partners | Chairman of the Board | 000 0000 |
| Michael Zeisser | Self | Board Member | 000 0000 |
| Scott Sanborn | LendingClub | Chief Executive Officer & Board Member | 000 0000 |
LendingClub Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
LendingClub Investments & Acquisitions (5)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Radius Bank | 01-Feb-2021 | 0000000000 | 00000 | National Banks | 00000 000 |
| EVEN Financial | 04-Sep-2019 | 00000 0000 | 0000 | Financial Software | 000000 00 |
| RentoMojo | 07-Jul-2017 | 00000 0000 | 0000 | Other Services (B2C Non-Financial) | |
| NepFin | 10-Apr-2017 | 00000 0000 | 000 | Specialized Finance | |
| Springstone Financial | 17-Apr-2014 | Merger/Acquisition | 00000 | Consumer Finance | 000000 00 |
LendingClub ESG
Risk Overview
Risk Rating
Updated November, 01, 2023
24.56 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.00
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 16,421
Rank
Percentile
Diversified Financials
Industry
00 of 962
Rank
Percentile
Consumer Finance
Subindustry
00 of 238
Rank
Percentile
LendingClub Exits (2)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| EVEN Financial | 04-Sep-2019 | 00000 00000 00 | 0000 | Completed |
|
| NepFin | 10-Apr-2017 | Early Stage VC | 000 | Completed |
|
LendingClub FAQs
-
When was LendingClub founded?
LendingClub was founded in 2006.
-
Who is the founder of LendingClub?
Renaud Laplanche JD and Soul Htite are the founders of LendingClub.
-
Who is the CEO of LendingClub?
Scott Sanborn is the CEO of LendingClub.
-
Where is LendingClub headquartered?
LendingClub is headquartered in Los Angeles, CA.
-
What is the size of LendingClub?
LendingClub has 1,025 total employees.
-
What industry is LendingClub in?
LendingClub’s primary industry is Other Commercial Banks.
-
Is LendingClub a private or public company?
LendingClub is a Public company.
-
What is LendingClub’s stock symbol?
The ticker symbol for LendingClub is LC.
-
What is the current stock price of LendingClub?
As of 17-May-2024 the stock price of LendingClub is $9.50.
-
What is the current market cap of LendingClub?
The current market capitalization of LendingClub is $1.06B.
-
What is LendingClub’s current revenue?
The trailing twelve month revenue for LendingClub is $805M.
-
Who are LendingClub’s competitors?
SoFi, Ally Financial, MBH Mortgage Bank, Truist, and Citibank Group are some of the 20 competitors of LendingClub.
-
What is LendingClub’s annual earnings per share (EPS)?
LendingClub’s EPS for 12 months was $0.34.
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