About company
LendingClub, headquartered in San Francisco, California, is a notable financial services company. It achieved a significant milestone as the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission (SEC) and to facilitate loan trading on a secondary market. At its peak, LendingClub held the distinction of being the world's largest peer-to-peer lending platform. By December 31, 2015, the company had reported originating loans totaling $15.98 billion through its platform, showcasing its substantial impact on the lending landscape.
Key Details:
- Location: The company is headquartered in San Francisco, California, United States.
- Founders: LendingClub.com was founded by Renaud Laplanche, Soul Htite.
- Foundation Date: The company was established in the year 2006.