| Website | lendingclub.com |
| Blog | blog.lendingclub.com |
| @Lendingclub | |
| Category | Consumer Web |
| Phone | (888) 596-3157 |
| support@lendingcl... | |
| Employees | 200 |
| Founded | 10/06 |
| Description | Borrow or invest in personal loans |
| TOTAL | $95.2M |
| FUNDING TOTAL | $95.2M |
| Angel, 5/07 Amidzad Partners | $2M |
| Series A, 8/07 Canaan Partners Norwest Venture Partners | $10.3M |
| Series B, 3/09 Morgenthaler Ventures Norwest Venture Partners Canaan Partners | $12M |
| Venture Round, 5/09 SVB Financial Group Gold Hill Capital | $3.97M |
| Series C, 4/10 Foundation Capital Morgenthaler Ventures Norwest Venture Partners Canaan Partners | $24.5M |
| Series D, 8/11 Union Square Ventures Morganthaler Ventures Norwest Venture Partners Canaan Partners | $25M |
| Venture Round, 9/11 Thomvest Ventures Union Square Ventures | |
| Venture Round, 6/12 Kleiner Perkins Caufield & Byers | $17.5M |
Lending Club brings together investors with creditworthy borrowers, reducing the cost and complexity of traditional lending to offer borrowers better rates and investors better returns. Focusing on prime and super-prime quality borrowers enables Lending Club to provide investors with steady returns, even during the economic downturn.
Lending Club Notes have provided investors with a Net Annualized Return by grade between 5.73% for A grade Notes and 11.56% for G grade Notes. Creditworthy borrowers can borrow up to $35,000 with fixed terms and rates starting at 6.78 percent APR.
| Website | lendingclub.com |
| Blog | blog.lendingclub.com |
| Stage | Live |
| Launch Date | October, 2006 |
| Tags | p2p-lending, peer-to-peer-lending, social-lending, person-to-person-lending, people-to-people-lending |
Lending Club is an online financial community that brings together creditworthy borrowers and savvy investors so that both can benefit financially. We replace the high cost and complexity of bank lending with a faster, smarter way to borrow and invest. The company offers unsecured 3- and 5-year personal loans of up to $35,000 for borrowers with good-to-excellent credit.