LC - LendingClub Corp (Financial Services: Credit Services) | Projected Earnings Date: 2025-04-29 (Delayed quote data 2025-04-04) |
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Company Profile | |
LendingClub Corp is a United States-based company engaged in operating an online lending marketplace platform that connects borrowers and investors for the provision of the loan facility. The platform offers investors access to an asset class that has generally been closed to many investors and only available on a limited basis to institutional investors. The company through the platform offer loan products such as personal, education and patient finance, small business and auto to interested investors. It generates a majority of the revenue from the transaction fees received from the platform?s role in accepting and decisioning applications on behalf of the bank partners to enable loan originations. |
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