Lending Club

Founded in 2007, LendingClub pioneered the peer-to-peer (P2P) lending industry in the United States, creating an online marketplace that connected borrowers with investors. Over the years, it has evolved its business model significantly. In 2021, LendingClub completed its acquisition of Radius Bank, transforming into a bank holding company. This strategic shift allows it to hold loans on its own balance sheet and offer a broader suite of financial products, including checking and savings accounts, positioning itself as a full-spectrum fintech marketplace bank committed to helping its members on their path to financial health.