Lending Club

Operates an online marketplace matching lenders and borrowers.

2014 Inc. 5000 Rank:
# 248
Leadership:
Renaud Laplanche
2015 9-Month Revenue Revenue:
$292.2 M
Industry:
Financial Services
Location:
San FranciscoCA 
Founded:
2007
1382
 Photo Credit: Peter DaSilva/The New York Times/Redux

When Renaud Laplanche launched Lending Club, the online lending industry was still relatively new. Today, Lending Club is faced with an onslaught of competitors, such as BondStreet and Funding Circle, and the online lending industry is facing more scrutiny from both the Treasury Department and the Consumer Financial Protection Bureau. But by acting as an intermediary between lenders and borrowers (and thus getting paid only through transactional fees, not interest), Lending Club is confident that it is staying on the right side of the industry. To keep up with competitors, Lending Club continues to look for ways to broaden its loan product offerings. Note: employee count as of Dec. 31, 2015

Other Inc. Honors

2016

MORE COMPANY INFORMATION