L

LendingClub Corp
D

LC

16.680
USD
-0.05
(-0.30%)
Market Open
Volume
46,720
EPS
0
Div Yield
-
P/E
36
Market Cap
1,880,485,293
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News

Title: LendingClub Corp

Sector: Financial Services
Industry: Banks - Regional
LendingClub Corp is a 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 offers 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.