What We Do
Lending Club opened in 2007 with one simple mission: create a more efficient, transparent and customer-friendly alternative to the traditional banking system that offers creditworthy borrowers lower interest rates and investors better returns. We operate fully online with no branch infrastructure, and use technology to lower cost and deliver an amazing experience. Today, we're America's leading online credit marketplace, and we're radically changing the way lending operates - every day.
"Lending Club's platform has the potential to profoundly transform traditional banking over the next decade."
--Larry Summers, 71st Secretary of the Treasury of the United States of America; Lending Club Board member