LendingClub Corp (NYSE:LC)

North American company
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Market Info - LC

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Company Info - LC

  • Market Cap$953.660m
  • SymbolNYSE:LC
  • IndustryFinancial Services
  • SectorCredit Services
  • Currency
  • ISINUS52603A2087

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. It 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.LendingClub Corp is an online marketplace connecting borrowers and investors to engage in transactions relating to standard or custom program loans.

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