Since 2007, LendingClub (NYSE: LC) has reimagined banking to give our more than five million members the credit and savings they deserve. We build lifetime relationships through an integrated set of smart, simple, mobile-first financial solutions that are tailored to our members’ specific needs. LendingClub’s capital-light business model is structurally different, combining durable interest income from our bank balance sheet with revenue and scale from loan sales to third-party investors. This earnings flywheel delivers durable financial results while also allowing us to relentlessly reward our members. Credit is key to our success and our long track record of credit outperformance is enabled by AI-powered underwriting models informed by over 150 billion cells of proprietary data derived from tens of millions of repayment events through numerous economic cycles. Taken together, our unique model, decades of credit insight, innovative products, engaging experience, exceptional service, and experienced team deliver consistently great outcomes for borrowers, loan investors, and shareholders alike – and we’re just getting started.
LendingClub is the parent company of LendingClub Bank, National Association, Member FDIC. For more information about LendingClub, visit https://www.lendingclub.com.
San Francisco