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Lending Club

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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.

Recent Milestones

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• 
  Lending Club added Rahul Bhatt as Lead software engineer. (3/29/13)
  Posted 5/9/13 at 8:11pm
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  Lending Club added Angela Loeffler as Chief People Officer. (10/1/12)
  Posted 5/15/13 at 9:58am
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  Lending Club added Russell Elmer as Deputy General Counsel. (9/1/12)
  Posted 5/15/13 at 9:58am
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  Lending Club — Peter Thomson Invests in Lending Club (7/22/12)
  Posted 7/22/12 at 5:29pm via finsmes.com
• 
  Lending Club added John MacIlwaine as Chief Technology Officer. (7/1/12)
  Posted 5/15/13 at 9:58am
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  Lending Club received $17.5M in Venture Round funding. (6/6/12)
  Posted 6/6/12 at 7:12pm via techcrunch.com
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  Lending Club added Mary Meeker as Board of Directors. (6/1/12)
  Posted 5/15/13 at 9:58am
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  Lending Club added John Mack as Board of Directors. (4/1/12)
  Posted 5/15/13 at 9:55am
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  Lending Club received in Venture Round funding. (9/9/11)
  Posted 9/9/11 at 5:41am via finsmes.com
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  Lending Club received $25M in Series D funding. (8/3/11)
  Posted 8/3/11 at 5:59am via wsj.com
• 
  Lending Club — Lending Club Sets Record with $20 Million in Personal Loans Issued in June (7/14/11)
  Posted 7/27/11 at 10:13am via lendingclub.com
• 
  Lending Club — JP Morgan Chase Card Services Credit Executive Joins Lending Club (6/2/11)
  Posted 7/27/11 at 10:12am via lendingclub.com
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  Lending Club added Chaomei Chen as Chief Risk Officer. (6/1/11)
  Posted 7/27/11 at 11:00am
• 
  Lending Club — Lending Club Passes the Quarter-Billion Dollar Mark in Personal Loan Originations (5/5/11)
  Posted 7/27/11 at 10:10am via lendingclub.com
• 
  Lending Club added Simon Williams as Board of directors. (11/16/10)
  Posted 1/12/11 at 5:12am
• 
  Lending Club added Carrie Dolan as Chief Financial Officer. (8/18/10)
  Posted 8/25/10 at 3:32pm

Videos

Screenshots

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Above: Homepage
Uploaded: 7/28/11

Above: Investors
Uploaded: 7/28/11

Above: Borrowers
Uploaded: 7/28/11

Products

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Lending Club

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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.

Above: Lending Club Screenshot -- #1
Uploaded: 3/22/08

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Sources

1. venturebeat.com [edit]
2. Lending Club, Newly Launched P2P Lending Success Story, Secures $10.26 Million in Series A Financing Posted by Lending Club (blog.lendingclub.com) [edit]
3. Lending Club Gets A $12 Million Credibility Boost (techcrunch.com) [edit]
4. Cap Report Index [edit]
5. Peer Lending Site Lending Club Raises $24.5 Million Series C Round (techcrunch.com) [edit]
6. WSJ (blogs.wsj.com) [edit]
7. Lending Club Raises Funding from Thomvest and Union Square Ventures (finsmes.com) [edit]
8. Lending Club Lands $17.5 Million from Kleiner Perkins and Morgan Stanley Chairman John Mack (techcrunch.com) [edit]
LendingClub.com (lendingclub.com) [edit]
LendingClub.com (lendingclub.com) [edit]
LendingClub.com (lendingclub.com) [edit]
Peter Thomson Invests in Lending Club (finsmes.com) [edit]