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Lending Club Passes the Quarter-Billion Dollar Mark in Personal Loan Originations

Congratulations to our friends at LendingClub on crossing another milestone.

Lending Club Passes the Quarter-Billion Dollar Mark in Personal Loan Originations | yahoo

REDWOOD CITY, Calif., May 5, 2011 /PRNewswire/ – Lending Club (http://www.lendingclub.com), the leading platform for investing in and obtaining personal loans, announced that it has passed $250 million in total loan originations. The platform continues to break monthly loan origination records with 1,556 loans totaling $17.5 million originated through LendingClub.com for April 2011(i).  Lending Club has also won the Webby Award for the best Banking/Bill Paying site, beating out big name institutions like US Bank and JPMorgan Chase.

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