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LendingClub history
LendingClub company history timeline
Laplanche founded LendingClub in 2006 and turned it into one of the most prominent start-ups to take on the banks and other financial giants using new technology.
14, 2008, represent Lending Club securities rather than direct obligations of the ultimate borrower and are tradable (can be bought and sold) on the FOLIOfn trading platform, according to the prospectus released.
As of 2010, Lending Club controls over 80 percent of the United States P2P lending market.
2012, Lending Club surpassed $1 billion in loans issued since inception and announced it was now cash flow-positive.
The charges are the outcome of a drama that began in 2016, when LendingClub’s board unexpectedly forced Mr.
Laplanche’s departure in 2016, the board said he had not been transparent with them at several different points, including about loans that Mr.
© 2021 LendingClub Bank.
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LendingClub competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| TransUnion | 1968 | $4.2B | 8,000 | 178 |
| Sequoia Capital | 1972 | $192.0M | 50 | - |
| Credit Karma | 2007 | $370.0M | 700 | 45 |
| Bessemer Venture Partners | 1911 | $1.2M | 7 | 1 |
| Capital One | 1994 | $26.0B | 51,985 | 5,496 |
| Prosper Marketplace | 2005 | $116.2M | 457 | 7 |
| ICE Mortgage Technology | 1997 | $480.3M | 1,750 | - |
| TheStreet | 1996 | $62.5M | 800 | - |
| Betterment | 2008 | $50.0M | 293 | 34 |
| MUFG EMEA | 1864 | $6.5M | 3,000 | 3 |
LendingClub history FAQs
Zippia gives an in-depth look into the details of LendingClub, including salaries, political affiliations, employee data, and more, in order to inform job seekers about LendingClub. The employee data is based on information from people who have self-reported their past or current employments at LendingClub. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by LendingClub. The data presented on this page does not represent the view of LendingClub and its employees or that of Zippia.
LendingClub may also be known as or be related to LENDINGCLUB CORP, LendingClub, LendingClub Corp, LendingClub Corp., LendingClub Corporation and Lendingclub Corporation.