Tech Company Financing Transactions
Lending Club Funding Round
On 9/9/2011, Lending Club raised funding from Thomvest Ventures.
Transaction Overview
Company Name
Announced On
9/9/2011
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
The investment is a part of a strategic relationship that will invest in the two highest grades of 36 month consumer loans originated through the Lending Club platform.
Company Information
Company Status
Publicly-held
Industry
FinTech
Mailing Address
595 Market St. 200
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Website
Email Address
Overview
Lending Club (NYSE: LC) is an online lending community where people can borrow and lend money, bypass the banks, and get better rates. By working together, members can borrow money more easily and at a better rate than they would get from a bank, or invest in a pool of loans at higher rates than those served by savings accounts or CDs.
Management Team
Title
Name
Email & Social
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