Lending Club Stock
Peer-to-Peer Lending Platform
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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, Snyk, Dragos, Turo, The RealReal, MindTickle, Lending Club, Berkshire Grey, Tomorrow.io, Apartment List
Canvas Venture Fund
Roofstock, Lending Club, Evernote, Houzz, Practice Fusion, PeopleMatter, CrowdFlower, Everwise
Norwest Venture Partners
Swiggy, Quikr, Opendoor, Faire, FireEye, Exabeam, Gong.io, Grove Collaborative, HoneyBook, Omada Health
T. Rowe Price
One97, Flipkart, WeWork, Cruise, Airbnb, Rivian, Magic Leap, Nuro, Caris Life Sciences, Vroom
Union Square Ventures
Coinbase, Upgrade, MongoDB, C2FO, Stash Financial, Twilio, Funding Circle, Etsy, CloudFlare, Lending Club
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
LendingClub, Valued at $3.8 Billion, Acquires SpringstoneRecode - Apr, 17 2014
Lending Club Raises $115 MillionThe New York Times - Oct, 1 2013
A Step Toward 'Peer-to-Peer' Lending SecuritizationThe Wall Street Journal - Aug, 6 2013
Consumers Find Investors Eager to Make 'Peer-to-Peer' LoansForbes - May, 2 2013
Google Buys Stake In Lending Club, Valuing Peer-To-Peer Lender At $1.6 BillionEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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