LendingClub Overview

  • Founded
  • 2006
Founded
  • Status
  • Public
  • Employees
  • 1,538
Employees
  • Stock Symbol
  • LC
Stock Symbol
  • Investments
  • 4
  • Share Price
  • $5.15
  • (As of Friday Closing)

LendingClub General Information

Description

LendingClub Corp is a United States-based 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 offer 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.com
Formerly Known As
SocBank
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Financial Software
Other Industries
Consumer Finance
Other Financial Services
Stock Exchange
NYS
Primary Office
  • 71 Stevenson Street
  • Suite 1000
  • San Francisco, CA 94105
  • United States
+1 (888) 000-0000
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LendingClub Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$5.15 $4.96 $4.32 - $15.29 $355M 71.5M 1.09M -$1.97

LendingClub Financials Summary

In Thousands,
USD 		TTM 30-Jun-2020 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018 FY 2017 31-Dec-2017
Revenue 468,434 655,204 595,436 487,649
Net Income (126,707) (30,745) (128,308) (153,835)
Total Assets 2,452,599 2,982,341 3,819,527 4,640,831
Total Debt 1,559,952 1,821,873 2,621,031 3,298,991
Public Fundamental Data provided by Morningstar, Inc. disclaimer

LendingClub Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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LendingClub Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion
Price		 % Owned

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LendingClub Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
LendingClub Corp is a United States-based company engaged in operating an online lending marketplace platform that conne
Financial Software
San Francisco, CA
1,538 As of 2019
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00000000000 0000000
New York, NY
000 As of 0000
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00000000 0000000
Fort Worth, TX
000 As of 0000
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LendingClub Competitors (56)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
OnDeck Formerly VC-backed New York, NY 000 00000 000000&0 00000
0000000 000000 Formerly VC-backed Fort Worth, TX 000 000.00 00000000 000.00
000000000 00000000 Corporate Backed or Acquired Dallas, TX 0000 00000000000
0000000000 0000000 Formerly PE-Backed Atlanta, GA 000 00000 00000000000 00000
0000000 00000000 Formerly PE-Backed Evansville, IN 0000 00.000 00000000000 00.000
You’re viewing 5 of 56 competitors. Get the full list »

LendingClub Executive Team (41)

Name Title Board Seat Contact Info
Scott Sanborn Chief Executive Officer & Board Member
Tim Bogan Chief Risk Officer
Thomas Casey Chief Financial Officer, Finance
Bahman Koohestani Chief Technology Officer, Technology
Fergal Stack Senior Vice President & Corporate Controller
You’re viewing 5 of 41 executive team members. Get the full list »

LendingClub Board Members (21)

Name Representing Role Since
Daniel Ciporin Canaan Partners Board Member 000 0000
Jeffrey Crowe Norwest Venture Partners Board Member 000 0000
John Morris Nyca Partners Chairman & Board Member 000 0000
Kenneth Denman Self Board Member 000 0000
Michael Zeisser Self Board Member 000 0000
You’re viewing 5 of 21 board members. Get the full list »

LendingClub Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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LendingClub Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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LendingClub Investments & Acquisitions (4)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 0000 18-Feb-2020 000000000000000000 00000 National Banks 00000 0000000
0000 000000000 04-Sep-2019 00000 00000 00 0000 Financial Software 000000 00000
000000 10-Apr-2017 00000 00000 00 000 Specialized Finance
Springstone Financial 17-Apr-2014 Merger/Acquisition 00000 Consumer Finance 000000 000000000 00
To view LendingClub’s complete investments and acquisitions history, request access »