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Facilitates peer-to-peer loans
Lending Club opened in 2007 with one simple mission: create an alternative to banks that offers both borrowers and investors a great rate. The company was founded by Renaud Laplanche, a highly respected entrepreneur; backed by a solid team that is made up of innovators from financial services, technology and consumer products. Our board of directors and board of advisors include outstanding individuals who have reached the top of their respective fields. Lending Club has been prominently recognized as a leader for its growth and innovation, including being named one of Forbes‘ America‘s Most Promising Companies in 2011 and 2012, a 2012 World Economic Forum Technology Pioneer, and one of The World‘s 10 Most Innovative Companies in Finance by Fast Company in 2013. Latest company statistics At 01:03 AM on 08/12/2013: Loans funded to date: $2,261,738,750 Loans funded last month: $173,452,625 Interest paid to investors since inception: $196,550,294 All loans made by WebBank, a Utah-chartered Industrial Bank, Member FDIC. Lending Club Notes are offered pursuant to a prospectus filed with the Securities and Exchange Commission.
Updated about 5 years ago
Basic Info
| Types | Organization, Business |