LendingClub Corporation (NYSE:LC) Files An 8-K Other Events
Item 8.01
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Other Events.
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This press release is attached as Exhibit 99.1 to this Current
Report on Form 8-K and is incorporated herein by reference.
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Item 9.01
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Financial Statements and Exhibits
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(d)
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Exhibits
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Exhibit
Number
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Exhibit Title or Description
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99.1
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Press Release dated June 22, 2017
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LendingClub Corp ExhibitEX-99.1 2 exhibit99162217.htm EXHIBIT 99.1 Exhibit LendingClub Closes First Self-Sponsored Securitization to Expand Investor AccessMarket Leader Sponsors,…To view the full exhibit click here About LendingClub Corporation (NYSE:LC)
LendingClub Corporation (Lending Club) provides online marketplace to connect borrowers and investors. Consumers and small business owners borrow through Lending Club. Investors use Lending Club to earn risk-adjusted returns from an asset class that is only available on a limited basis to large institutional investors. Its technology automates aspects of operations, including the borrower application process, data gathering, credit decisioning and scoring, loan funding, investing and servicing, regulatory compliance and fraud detection. Its platform offers analytical tools and data to enable investors to make decisions and assess their portfolios. Its technology platform has allowed it to expand its offerings from personal loans to include small business loans, and to expand investor classes from individuals to institutions and create various investment vehicles. Its solution offers an online application process and provides borrowers with access to live support and online tools.
