Lending Club Stock
Peer-to-Peer Lending Platform
About Lending Club Stock
Lending Club went public on December 11, 2014 and is listed under LC.
Lending Club is a peer-to-peer (P2P) lending company that bypasses the traditional banking system. By eliminating the middle man, borrowers can obtain loans at lower interest rates, and investors can receive higher returns on their savings. To date, Lending Club has originated over $3 billion in loans, and paid out nearly $300 million to investors.
Investors
Canaan Partners
Instacart, Turo, The RealReal, Lending Club, Berkshire Grey, ON24, ShopKeep, Apartment List, ScaleFactor, Leanplum
Canvas Venture Fund
Lending Club, Evernote, Houzz, Practice Fusion, Roofstock, PeopleMatter, CrowdFlower, Everwise
Norwest Venture Partners
Opendoor, FireEye, Quikr, Knotel, Casper, Fungible, RetailMeNot, Minted, Lending Club, Exabeam
T. Rowe Price
Cruise, Airbnb, Rivian, Magic Leap, Deliveroo, Pure Storage, LivingSocial, Cloudera, Ginkgo Bioworks, Toast
Union Square Ventures
Coinbase, MongoDB, Twilio, Funding Circle, Stash, Etsy, CloudFlare, Lending Club, Kik, Upgrade
Funding History
| March 2009 | $12.0M |
|---|---|
| May 2009 | $4.0M |
| April 2010 | $24.5M |
| August 2011 | $25.0M |
| June 2012 | $17.5M |
| May 2013 | $126M |
| April 2014 | $65.0M |
Management
Founder/CEO
Renaud Laplanche
CFO
Carrie Dolan
COO
Scott Sanborn
Press
Bloomberg - Apr, 17 2014
Recode - Apr, 17 2014
The New York Times - Oct, 1 2013
The Wall Street Journal - Aug, 6 2013
Forbes - May, 2 2013
Other Companies
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