LendingClub is the only full-spectrum financial technology (fintech) marketplace bank and the first public US neobank.
Size: 4M+ users
Revenue: $232.5M Q2 Revenue
Activity: 3.3M monthly visits
Unique Selling Proposition #
An innovative peer-to-peer lending model. This approach revolutionizes the traditional lending landscape by removing banks and other financial institutions as the middlemen.
Future Prospects #
Focus on Profitability and Ecosystem Expansion. After years of operating at a loss, the company aimed for profitability by optimizing its cost structure and focusing on high-margin products.