LendingClub Overview

  • Founded
  • 2006
Founded
  • Status
  • Public
  • Employees
  • 1,384
Employees
  • Stock Symbol
  • LC
Stock Symbol
  • Investments
  • 5
  • Share Price
  • $13.40
  • (As of Monday 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 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
  • P.O. Box 39000
  • San Francisco, CA 94139
  • United States
+1 (888) 000-0000
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LendingClub Stock Performance

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$13.40 $13.08 $12.48 - $49.21 $1.34B 102M 2.07M $1.06

LendingClub Financials Summary

In Thousands,
USD 		TTM 31-Mar-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
Revenue 983,881 802,416 304,855 731,900
Net Income 106,500 18,580 (187,538) (30,745)
Total Assets 5,574,425 4,900,319 1,863,293 2,982,341
Total Debt 4,476,857 3,837,714 989,109 1,821,873
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 company engaged in operating an online lending marketplace platform that connects borrowers and in
Financial Software
San Francisco, CA
1,384 As of 2021
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00000000 0000000
Chicago, IL
0000 As of 0000
00000000000

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000000000 00000000
San Carlos, CA
0000 As of 0000
00.000
00000000 00.000
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LendingClub Competitors (26)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Enova International Formerly PE-Backed Chicago, IL 0000 00000000000
0000000 Formerly VC-backed San Carlos, CA 0000 00.000 00000000 00.000
0000 Formerly VC-backed San Francisco, CA 0000 00.000 00000000000 00.000
0000000000 Formerly VC-backed London, United Kingdom 000 000.00 000000&0 000.00
000000000000 Formerly VC-backed Reston, VA 00 00000 000000&0 00000
You’re viewing 5 of 26 competitors. Get the full list »

LendingClub Patents

  • 58

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 18

    Granted

  • 18

    Pending

  • 000

    Expiring in next 12 mo

LendingClub Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20210306346-A1 Secure content management through authentication Pending 31-Mar-2020 0000000000
US-20210306344-A1 Dynamically-tiered authentication Pending 31-Mar-2020 0000000000
US-20210304304-A1 Techniques for improving the accuracy of automated predications Pending 31-Mar-2020 0000000000
US-20210306334-A1 Conditionally-deferred authentication steps for tiered authentication Pending 31-Mar-2020 0000000000
US-20210201239-A1 Adaptive timeline interface for facilitating the achievement of goals Pending 31-Dec-2019 G06Q30/0208
To view LendingClub’s complete patent history, request access »

LendingClub Executive Team (43)

Name Title Board Seat Contact Info
Scott Sanborn Chief Executive Officer & Board Member
Tim Bogan Chief Banking Integration Officer
Joe Schenone Senior Vice President, Chief Financial Officer of Investor Division and Corporate Treasurer
Thomas Casey Chief Financial Officer, Finance
Balaji Thiagarajan Chief Technology Officer
You’re viewing 5 of 43 executive team members. Get the full list »

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 & Board Member 000 0000
Michael Zeisser Self Board Member 000 0000
Patricia McCord LendingClub 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 (5)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 0000 01-Feb-2021 0000000000 00000 National Banks 00000 000
0000 00000000 04-Sep-2019 00000 0000 0000 Financial Software 000000 00
000000000 07-Jul-2017 00000 0000 0000 Other Services (B2C Non-Financial)
000000 10-Apr-2017 00000 0000 000 Specialized Finance
Springstone Financial 17-Apr-2014 Merger/Acquisition 00000 Consumer Finance 000000 00
To view LendingClub’s complete investments and acquisitions history, request access »

LendingClub Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000 000000000 04-Sep-2019 00000 00000 00 0000 Completed
  • 8 buyers
NepFin 10-Apr-2017 Early Stage VC 000 Completed
  • 4 buyers
To view LendingClub’s complete exits history, request access »