Press Room

Lending Club Surpasses
$500 Million in Personal Loans

February 2, 2012

2011 marks company’s fourth consecutive year of more than 100 percent growth.

2011 Press Releases

12/02/2011

Lending Club Named to Forbes’ America’s Most Promising Companies List

11/03/2011

Lending Club Originates $400 Million in Personal Loans

10/19/2011

Jefferies Senior Vice President Joins Lending Club

09/29/2011

Angelo Gordon Partner Joins Lending Club

09/08/2011

Peter Thomson and Thomvest Make Strategic Investments in Lending Club

09/01/2011

Lending Club Wins Prestigious World Economic Forum Technology Pioneer Award

08/03/2011

Lending Club Announces $25 Million Round led by Union Square Ventures

07/28/2011

Lending Club Selected as AlwaysOn Global 250 Winner

07/14/2011

Lending Club Sets Record with $20 Million in Personal Loans Issued in June

06/02/2011

JP Morgan Chase Card Services Credit Executive Joins Lending Club

05/05/2011

Lending Club Passes the Quarter-Billion Dollar Mark in Personal Loan Originations

05/02/2011

Distributor to Invest Up to $2 Million in Personal Loans through Lending Club to Spur Sales

01/19/2011

Lending Club Passes $200 Million in Personal Loan Originations

01/12/2011

Better Loan Resolution for 2011: Credit Sesame and Lending Club Partner to Save People Money

01/03/2011

Lending Club and PerkStreet Financial Encourage Consumers to Quit Credit Cards for Good, Launch "Shred Your Credit Card" Contest

2010 Press Releases

11/16/2010

Personal Loan News: Lending Club Appoints Former Citigroup Head of Global Consumer Group Risk Management to Board of Directors

10/28/2010

Personal Loans from Lending Club Now Available in North Carolina

10/22/2010

Personal Loans from Lending Club Now Available in Kansas

10/18/2010

Personal Loan Performance Drives Lending Club to Decrease Starting APR to 6.78% - Nearly Half the Average Starting Credit Card APR of 13.15% Available to Similar Borrowers

09/28/2010

Former Managing Principal of Hilspen Capital Management Joins Lending Club as Managing Director

08/19/2010

Former Charles Schwab Executive Joins Lending Club As New Chief Financial Officer

07/22/2010

Lending Club Turns Three, Captures 80 Percent of U.S. Peer Lending Market

06/30/2010

Lending Club Selected as Mint.com Goals Launch Partner to Help Consumers Pay Off Credit Card Debt, Keep More of Their Money

06/24/2010

Personal Financial Knowledge Has Gone Up, but Americans Still Aren’t Making the Right Financial Moves, According to Lending Club Survey

06/03/2010

Lending Club Surpasses $10 Million in Monthly Loan Fundings for May

04/14/2010

Lending Club Announces $24.5 Million in Series C Funding

03/25/2010

Average Net Annual Returns on Self-Directed IRAs over 10%

01/19/2010

Researchers at Columbia Business School Find Lending Club to be a Rational Alternative to Mainstream Investments

01/06/2010

Lending Club Expands to Redwood City

2009 Press Releases

12/22/2009

Lending Club Announces The DebtBuster Challenge

3/25/2009

Lending Club Introduces the First Self-Directed IRA to Enable Investments in Peer Lending

3/19/2009

Lending Club Closes Series B Financing Round

1/22/2009

Recent Javelin Analysis Reviews Social Lending Investments with Lending Club

2007 Press Releases

12/13/2007

Lending Club Available Nationwide: Affinity-Based People-to-People Lending Service Expands Its Network Across All 50 States

10/31/2007

Lending Club Partners with Top University Alumni Associations to Promote Affinity-Based Lending

9/13/2007

People’s Response to the Credit Crunch: Lending Club Members Issue $1 Million in Loans and Company Launches New Community Website

8/17/2007

Lending Club Announces Winners of User Generated Video Ad Contest

8/23/2007

Lending Club, Newly Launched P2P Lending Success Story, Secures $10.26 Million in Series A Financing

5/24/2007

Facebook’s case study on Lending Club (PDF, 806kb)

5/24/2007

Lending Club® Launches on Facebook® Platform