Scott Sanborn Discusses the Future: On Demand Credit

A decade ago we set out to re-imagine the banking industry. We started by making credit more attractive for borrowers and investing more rewarding for investors. As we grew we transformed the banking system into a frictionless, transparent and effective online marketplace that helps people achieve their financial goals. On our 10-year anniversary, we sat… Continue reading Scott Sanborn Discusses the Future: On Demand Credit

New Minimum Initial Deposit for Retail Investor Accounts

To help investors towards a positive experience on the platform, we have implemented a minimum initial deposit of $1,000 for all new retail investors making their first investment through Lending Club. Our main goal is to deliver a better investing experience. Data shows that Lending Club investors who are able to diversify their accounts have… Continue reading New Minimum Initial Deposit for Retail Investor Accounts