Lending Club Passes the Quarter-Billion Dollar Mark in Personal Loan Originations
Congratulations to our friends at LendingClub on crossing another milestone.
REDWOOD CITY, Calif., May 5, 2011 /PRNewswire/ — Lending Club (http://www.lendingclub.com), the leading platform for investing in and obtaining personal loans, announced that it has passed $250 million in total loan originations. The platform continues to break monthly loan origination records with 1,556 loans totaling $17.5 million originated through LendingClub.com for April 2011(i). Lending Club has also won the Webby Award for the best Banking/Bill Paying site, beating out big name institutions like US Bank and JPMorgan Chase.