Funding Received
$392.2 Million in 12 Rounds from 17 Investors
Most Recent Funding
$65 Million Private Equity on April 17, 2014
San Francisco, CA
Lending Club is the nation’s leading online credit marketplace. We're using technology to lower the cost of the traditional banking system.
Renaud Laplanche
Finance Technology, Personal Finance, Finance

Company Details


Lending Club was founded in 2007 with one simple mission: create a more efficient alternative to the traditional banking system that provides lower rates to borrowers and better returns to investors. The company operates an online credit marketplace where investors provide loans to creditworthy borrowers in exchange for the interest income. Lending Club leverages technology to provide a simple, cost-efficient experience generating value that it passes on to customers. As of December 2013, more than $3 billion in loans have been issued to borrowers and nearly $300 million in interest payments have been returned to investors.

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.

Lending Club was recently recognized as one of the 20 "Breakthrough Ideas for 2009" by Harvard Business Review, has been nominated for "Top 100 Innovators" by The Industry Standard, is on the JMP Hot 100 list, and the Always On Global 250 Top Private Companies list. In addition Lending Club won the Webby Award in 2008 for the "Best Banking Website" while also obtaining nominations and honors in 2009, 2011.

Current Team (12)


Past Team (22)


Board Members and Advisors (9)


Products (1)

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    Lending Club

    Lending Club is an online financial community that brings together creditworthy borrowers and...

Acquisitions (1)


Investors (17)

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    Global investment management.
  • Ba12d6d95a17d79f68a75a3ce9533ed0

    T. Rowe Price

    Investment management firm
  • A80b59d3940daea060d7271a7a28fb9a

    Sands Capital Ventures

    Investment Management Firm
  • 978c81fb21a617003290b55ec7696a52

    Coatue Management

    Coatue Management invests in public and private equity markets focusing on the technology, media...
  • 2d6875bd47c85d41ae3582e697bfa385

    DST Global

    DST Global provides technology solutions for financial, utilities, telecommunications and...
  • Eyvkeanfgp85cfg0sxbd

    FinSight Ventures

    Finsight Ventures helps entrepreneurs to disrupt the world of finance with technology.
  • 8d9f58b1d921f841bd95e76b4c0fa1e8

    Google Capital

    Google Capital is a growth equity fund which was launched by Google in the summer of 2013. Their...
  • B57a8f59171bdcc47688b1d1a71e648a

    Foundation Capital

    Foundation Capital is an investment firm run primarily by entrepreneurs. Each partner left a...

Offices/Locations (1)

  • HQ

    71 Stevenson Street

    Suite 300

    San Francisco, CA 94105


Competitors (9)

  • 3a728d4f7bcf503a5381557ebbf7eec1


    Next Generation Lender
  • Fe8727c3d1d2e164a132bb1373dee391


    GreenNote is a higher education crowd-funding site enabling students to reach out to their social...
  • 1df6d0a78a0d89ddbce11114f1e83f04


    Loanio is an auction-based peer-to-peer lending website.
  • B0218e18a31a8c0b07a1cfe37ba3db57


    CapAlly is an online peer-to-peer student loan marketplace that links students to financial...
  • 5b4c8ba97c0cfdd7c2f2248801d31add

    LendKey Technologies, Inc.

    LendKey develops a cloud-based platform, enabling lenders to quickly, securely, and profitably...
  • 7ae8f401ddbf06a08b13038edfcc7dbe

    The Fish Pool

    Fishpool Creations is a Finland-based web design and IT consulting shop. They are the team behind...
  • 5fe5afd0210d774cbb5b5061010fb9a0

    Academic Capital Exchange

    Academic Capital Exchange (ACE), a peer-to-peer student loan marketplace, helps students obtain...
  • Vemxnzlosnzt7psgs0hs


    Prosper is a peer-to-peer lending marketplace, allowing people to invest in each other...

Images (1)

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