Company:  LENDINGCLUB CORP (LC)
Form Type:  8-K
Filing Date:  8/4/2020 
CIK:  0001409970 
Address:  595 MARKET STREET
SUITE 200
 
City, State, Zip:  SAN FRANCISCO, California 94105 
Telephone:  415-632-5600 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$4.95  
Change: 
-0.17 (-3.32%)  
Trade Time: 
Sep 18  
Market Cap: 
$354.00M
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© 2020  
Description of Business
LendingClub was incorporated in Delaware on October 2, 2006, and is currently the largest provider of unsecured personal loans in the US. We operate America's largest online lending marketplace platform that connects borrowers and investors. LendingClub provides tools that help Americans save money on their path to financial health through lower borrowing costs and a seamless, technology-driven user experience. Investors provide capital to enable the funding of loans in exchange for earning competitive risk adjusted returns. Our marketplace enables efficient credit decisioning, pricing, servicing and support operations. We operate fully online with no traditional branch infrastructure. Our vision is to expand our marketplace model and support it with a bank charter, which we believe will be both strategically and financially accretive to the Company. On February 18, 2020, the Company and Radius Bancorp, Inc.
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  FORM 8-K
    SECTION 2 FINANCIAL INFORMATION
      Item 2.02 Results of Operations and Financial Condition
    SECTION 8 OTHER EVENTS
      Item 8.01 Other Events
    SECTION 9 FINANCIAL STATEMENTS AND EXHIBITS
      Item 9.01 Financial Statements and Exhibits
    SIGNATURE(S)
  EXHIBIT 99.1
    INCOME STATEMENT
    INCOME STATEMENT
    BALANCE SHEET
    BALANCE SHEET
  EXHIBIT 99.2