$109-128k
+Equity & Performance Bonus
More information about location
3 days a week in office
Peer-to-peer lending website for personal loans
Be an early applicant
Peer-to-peer lending website for personal loans
1001+ employees
Be an early applicant
$109-128k
+Equity & Performance Bonus
More information about location
3 days a week in office
1001+ employees
Lending Club's mission is to transform the banking system to make credit more affordable and investing more rewarding. Its technology platform enables it to deliver innovative solutions to borrowers and investors.
Lending Club offers peer-to-peer lending with benefits for both parties: the lender earns interest, whilst the borrower pays less interest than they would to a traditional bank. Through its marketplace, Lending Club is seeking to improve the financial health of its customers by helping them consolidate their debts.
Lending Club went from a small group on Facebook to a fully-fledged financial institution offering refinancing and small business products in just ten years of operation. The company now has more than 4 million members, and it was one of the first to offer online lending in an era that has seen a significant shift towards digital-first banking.
In February 2021, the company announced its acquisition of Radius Bank. Dubbed a fintech disrupter initially, some saw its move into banking as a step towards a more traditional model. A year after closing the acquisition, however, LendingClub merged the marketplace model and traditional banking, allowing for the growth and innovation of a fintech with the financial profile and resiliency of a bank.
Freddie
Company Specialist at Welcome to the Jungle
Some candidates hear
back within 2 weeks
-8% employee growth in 12 months
Apr 2014
$65m
GROWTH EQUITY VC
Nov 2013
$57m
GROWTH EQUITY VC
South Beach, San Francisco, CA
Scott Sanborn
(CEO)Previously held leadership positions as the Chief Revenue Officer for publicly-traded eHealth Insurance, President of RedEnvelope, Inc., and SVP at the Home Shopping Network. Joined LendingClub in 2010 and has worked as Chief Marketing Officer, Chief Operations Officer, and President. Became CEO in 2016.
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