Banks and LendingClub
Banks of any size can potentially earn competitive returns and offer customers access to LendingClub products.
We began partnering with banks in 2014 to enable them to both purchase loans directly through the LendingClub platform or offer LendingClub products to their customers.
Banks ranging in total assets of less than $100 million to more than $100 billion—have taken advantage of our partnership program. At 41%, banks represent one of the largest share of our investor base.
Source: LendingClub, as of Q3 2020