LendingClub announced Q2 2025 earnings today with 32% year-on-year growth in originations, 33% growth in revenue; $38 million in GAAP net income (compared to $15 million in the prior year); Return on Common Equity and Return on Tangible Common Equity of 11% and nearly 12%, respectively. We’re making tremendous progress against financial targets and our strategy to bring products and experiences that help people keep more of what they earn and earn more on what they save. Get our detailed results and info on our use of non-GAAP measures here: https://xmrrwallet.com/cmx.plnkd.in/ewzxHm-M
LendingClub
Financial Services
San Francisco, California 42,826 followers
We make banking smart, simple, and rewarding.
About us
Since our founding in 2007, we have transformed the banking industry by bringing a traditional credit product - the installment loan - online and we’ve been on the fast track ever since. We are one of the first fintechs to acquire a national bank charter, which has transformed our business economics and introduced all new capabilities, and now others are following our lead, validating the strength of our model. We are one of America’s largest providers of unsecured personal loans, originating more than $100 billion in loans to our more than 5 million high-FICO, high-income members and helping them save millions on their cost of credit. And we’re just getting started. A Culture that Delivers Impact: We’re tackling big problems, but we’re a small enough organization for each individual to make a real difference People: We’re a group of smart, kind, low-ego, and values-driven people from a wide variety of industries and backgrounds who are committed to our mission Ideas: We seek out the best ideas – no matter where they come from – to look beyond what is possible today Values: It’s not just what you accomplish, it’s also how you accomplish it that matters Member FDIC
- Website
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http://xmrrwallet.com/cmx.pwww.lendingclub.com
External link for LendingClub
- Industry
- Financial Services
- Company size
- 1,001-5,000 employees
- Headquarters
- San Francisco, California
- Type
- Public Company
- Founded
- 2007
- Specialties
- Personal Loans, Investing, Patient Financing, Marketplace Lending, Business Loans, Education Financing, Banking, and Auto Refi
Locations
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Primary
Get directions
595 Market St
#200
San Francisco, California 94105, US
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Get directions
2701 N Thanksgiving Way
Suite 300
Lehi, Utah 84043, US
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Get directions
1 Harbor St
Suite 201
Boston, Massachusetts 02210, US
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Get directions
575 Fifth Ave
30th Floor
New York, NY 10017, US
Employees at LendingClub
Updates
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ICYMI: Today, we announced that LendingClub and Blue Owl Capital Managed Funds have renewed a forward flow agreement for up to $3.4 billion of structured loan certificate transactions. Read more here in our press release: https://xmrrwallet.com/cmx.plnkd.in/g-vmb_Gy
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🏆So excited to share that LendingClub’s LevelUp Savings account has been recognized among Money magazine’s “Best Banks – High Yield Savings Accounts” for 2025! 👏👏👏 Learn more about this member-loved product here: https://xmrrwallet.com/cmx.plnkd.in/e9_qKFDN
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We’re excited to share that LendingClub has launched LevelUp Checking, the latest product in our growing set of smart, simple, and rewarding financial solutions for our members! LevelUp Checking is designed to reward members for making smart financial decisions and using money they have rather than money they borrow, with many opportunities to earn cash back! Read more here in our press release: https://xmrrwallet.com/cmx.plnkd.in/eDyk7gH8 Member FDIC
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🎉🎉🎉Congratulations to our Chief Technology Officer, Lukasz Strozek, for being selected as a juror for the first-ever Money20/20 Awards, in the Banking category! Lukasz will join a powerhouse panel of fintech movers and shakers to crown the best of the best. Wishing the best of luck to him, his fellow jurors and to all who submit their work for consideration. Read more here: https://xmrrwallet.com/cmx.plnkd.in/gZW4fc6f
The Money Awards jury has landed. And they mean business. We’ve assembled a powerhouse lineup of fintech’s sharpest minds, joining our Jury Presidents to crown the most groundbreaking work this October. The Jury have over 800 years of collective experience, and game changing roles at Citi, Revolut, Mastercard, Moniepoint Group, HSBC, Flutterwave, PayPal, Stripe, and more, this is no ordinary panel. From unicorn founders to VCs managing billions, global C-Suite execs to innovation leaders driving transformation across six continents. They’re bringing the insight, influence, and instincts to crown fintech’s best in class. This is the global benchmark. This is where fintech legends are made. Will your work make the cut? Meet the jury: https://xmrrwallet.com/cmx.plnkd.in/g3f8rk7M #TheMoneyAwards #FintechExcellence #Money2020
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📣ICYMI: LendingClub announced Q1 2025 earnings today, where we delivered a strong start to the year. Key highlights include generating $2 billion in loan volume (a 21% increase over last year); crossing $100 billion in lifetime loan originations (with over 40% of that realized in the past five years); growing Total Net Revenue – driven by our Marketplace and Banking businesses – by 20% to $218 million dollars and growing Pre-Provision Net Revenue by 52% year-over-year to $74 million dollars. Overall, we continue to grow, execute well, and make meaningful progress against our vision. We remain confident that we are fundamentally strong and well positioned to deliver value to consumers, loan buyers, and shareholders alike. Get our detailed results and info on our use of non-GAAP measures here: https://xmrrwallet.com/cmx.plnkd.in/etGjDp8z
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We’re transitioning from renters to owners! LendingClub has entered into a definitive agreement to acquire the 88 Kearny Street building in downtown San Francisco for $74.5 million. We will officially move into our new headquarters, which is just blocks away from our current location, in Spring 2026. The expiration of our current lease coincided with attractive commercial real estate pricing, allowing us to purchase the property on our bank balance sheet at a fraction of the pre-pandemic cost. We now own a valuable asset with capacity to support our growth, with no expected impact to our financial performance, and the potential for upside as San Francisco recovers. LendingClub has had an award-winning workplace in downtown San Francisco since 2012 and we’re happy to reinforce our commitment to the city, which is home to amazing talent and has long been a hotbed of innovation. Read more in our press release: https://xmrrwallet.com/cmx.plnkd.in/eyq9YrGC
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We’re going to need a bigger awards shelf! Motley Fool just named LevelUp Savings as the Best High-Yield Savings Account of 2025. Open an account today and earn 4.50% APY when you deposit $250+ per month.* Get started here and see what all the buzz is about: https://xmrrwallet.com/cmx.pow.ly/8OFI50UQujv
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📺 ICYMI: LendingClub CEO Scott Sanborn joined @BloombergTV to discuss our 2024 financial performance, market outlook, and our investments for growth in 2025. Catch the full interview here: https://xmrrwallet.com/cmx.pow.ly/cAnb50UPRTq #LendingClub #Fintech #BankingInnovation
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Is it time to give your money a fresh start in 2025? LendingClub accounts help you keep more of what you earn and earn more on what you save. Check out how you can make your money work harder for you with our LevelUp Savings account, Rewards Checking account, and CDs. https://xmrrwallet.com/cmx.plnkd.in/gDypJZQb
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