What Does LendingClub Do?

Total employees1299
HeadquartersSan Francisco
Founded2007

LendingClub is a leading U.S. digital marketplace bank, operating as the parent company of LendingClub Bank, N.A., Member FDIC. It offers a broad range of financial products and services, including personal loans, auto refinancing, and business financing, primarily through its online platform. From an end-user perspective, LendingClub aims to simplify access to credit and banking by leveraging technology to provide competitive rates, transparent terms, and a convenient, member-focused experience, empowering individuals on their path to financial health.

Where Is LendingClub's Headquarters?

HQ Function

The San Francisco headquarters serves as the nerve center for LendingClub's operations, housing executive leadership, corporate strategy, product development, engineering, marketing, and core financial and operational management.

Notable Features:

The headquarters are located in a modern office building, likely featuring contemporary workspaces designed to foster collaboration and innovation, typical of a leading fintech company.

Work Culture:

LendingClub fosters a work culture that emphasizes innovation, data-driven decision-making, and a strong customer-first approach. It blends the agility of a tech company with the regulatory diligence of a financial institution, encouraging collaboration and continuous improvement.

HQ Significance:

Its San Francisco location provides LendingClub with direct access to a rich talent pool in both technology and finance, proximity to venture capital, and a position at the forefront of the fintech industry.

Values Reflected in HQ: The headquarters' location in a globally recognized center for innovation and finance underscores LendingClub's values of technological advancement, market leadership, and attracting top-tier talent to redefine banking.

Location:

LendingClub's primary market and operations are concentrated within the United States. As a U.S.-chartered digital marketplace bank, its financial products and services, including loans and deposit accounts, are offered to U.S. residents and businesses. While it may utilize global technology and some distributed talent, its customer-facing services and regulatory adherence are U.S.-focused.

Street Address:

595 Market Street, Suite 200

City:

San Francisco

State/Province:

CA

Country:

USA

Where Else Does LendingClub Operate Around the World?

Lehi, Utah, USA

Address: 3003 N Thanksgiving Way, Lehi, UT 84043

The Lehi office supports LendingClub's scalability, enhances customer service capabilities, and provides access to a diverse tech talent pool, complementing its San Francisco headquarters.

Buying Intent Signals for LendingClub

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading LendingClub? Meet the Executive Team

As of April 2025, LendingClub' leadership includes:

Scott Sanborn - Chief Executive Officer
Drew LaBenne - Chief Financial Officer
Brandon Pace - Chief Operating Officer
Bahman Koohestani - Chief Technology Officer
Ronnie Momen - Chief Consumer Banking Officer
Tim Bogan - Chief Banking Officer
Patricia L. Cook - Chief People Officer
Will Rudolph - Chief Legal Officer & Corporate Secretary

Who's Investing in LendingClub?

LendingClub has been backed by several prominent investors over the years, including:

Canaan Partners
Foundation Capital
Norwest Venture Partners
Union Square Ventures
Kleiner Perkins
T. Rowe Price
GV (Google Ventures)

What Leadership Changes Has LendingClub Seen Recently?

Hire2
Exits2

LendingClub has actively managed its executive team over the past 12-18 months, with key appointments in finance and operations, alongside some notable departures, reflecting ongoing strategic adjustments and focus on critical business areas.

Departures

Annie Armstrong, Annie Armstrong departed from her role as Chief Risk Officer.
Thomas Casey, Thomas Casey retired from his role as Chief Financial Officer.

New Appointments:

Drew LaBenne, Drew LaBenne was appointed as the new Chief Financial Officer.
Brandon Pace, Brandon Pace was appointed as the new Chief Operating Officer.

What Technology (Tech Stack) Is Used byLendingClub?

Discover the tools LendingClub uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

LendingClub Email Formats and Examples

LendingClub commonly uses the 'first.last@lendingclub.com' email format for its employees. This is a standard pattern in many corporations and is the most frequently observed format for LendingClub. Other formats might exist but are less common.

first.last@lendingclub.com

Format

john.doe@lendingclub.com

Example

90%

Success rate

What's the Latest News About LendingClub?

LendingClub Investor RelationsApril 30, 2024

LendingClub Reports First Quarter 2024 Results

LendingClub announced its Q1 2024 financial results, reporting loan originations of $1.6 billion, revenue of $180.7 million, and a GAAP consolidated net loss of $30.7 million. The company emphasized its strategy for managing the current credit cycle and positioning for future growth....more

LendingClub Press ReleaseOctober 24, 2023

LendingClub Launches LC Notes Program for Institutional Investors

LendingClub introduced its LC Notes program, offering institutional investors a new way to directly invest in consumer personal loans originated through its marketplace. This initiative aims to diversify funding sources and provide more options for institutional capital....more

LendingClub Investor RelationsJanuary 30, 2024

LendingClub Reports Fourth Quarter and Full Year 2023 Results

LendingClub announced its financial results for Q4 and full-year 2023, detailing origination volumes of $1.5 billion for Q4, and highlighting its strategic focus on prudent growth and efficiency in a dynamic economic landscape....more

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