Lending Club - M&A Summary and Business Overview

Financial ServicesCompany

Lending Club M&A Summary

Lending Club has acquired 5 companies, including 4 in the last 5 years. A total of 3 acquisitions came from private equity firms.

Lending Club’s largest acquisition to date was in 2020, when it acquired Radius Bancorp for $185M. Lending Club has acquired in 2 different US states. The Company’s most targeted sectors include financial services (67%) and software (34%).

Lending Club Business Overview

Where is Lending Club headquartered?

Lending Club is headquartered in San Francisco, California.

What is Lending Club’s revenue?

Lending Club disclosed revenue of 865M USD for 2023 and 1,187M USD for 2022.

How many employees does Lending Club have?

Lending Club has 1,025 employees.

What sector is Lending Club in?

Lending Club is a financial services company.

When was Lending Club founded?

Lending Club was founded in 2006.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 5
  • M&A Advisors 2

Lending Club

Lending Club Corp.

595 Market Street Suite 200,
San Francisco, California 94105
United States,
(415) 632-5600
www.lendingclub.com

LendingClub provides an alternative to the traditional banking system. LendingClub provides a platform for connecting borrowers with lenders. Lending Club is based in San Francisco, California. Lending Club was founded in 2006 and is based in San Francisco, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 1 1 - - - 1 3
vol $140M $185M $325M
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
Tally Technologies - Intellectual Property Assets 2024-10-09 - Divestiture
San Francisco, California
Radius Bancorp, Inc. 2020-02-18 185M USD Add-on Acquisition
Boston, Massachusetts · www.radiusbank.com
Springstone Financial, LLC 2014-04-17 140M USD Add-on Acquisition
Westborough, Massachusetts · www.springstoneplan.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 2 (67%) 325M (100%) - -
Software 1 (33%) - - -
Total 3 $325M - -

By Geo

State/Country Buy Value Sell Value
United States 3 325M - -
  Massachusetts 2 325M - -
  California 1 - - -
Total 3 $325M - -

Top M&A Advisors

Financial Deals
J.P. Morgan Securities
 1
Legal Deals
Sullivan & Cromwell
 1

Deal Values

buy # Total
$100M to $1B 2 $325M
TOTAL $325M
Largest Radius Bancorp, Inc.
$185M (2020-02-18)

M&A Connections

Deals
Acquired from
Investor(s)
33%
1 (33%)
Strategic(s)
33%
1 (33%)

Company Summary

SECTOR

Financial Services

Revenue

865   28% 2023
1,187   45% 2022
819   169% 2021
305   54% 2020
655   11% 2019
595   22% 2018
488   15% 2017
426   2016
(millions of USD) Show More Show Less

Employees

1,025

Established

2006

Public

NYSE: LC

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California Companies , Financial Services Companies , United States Companies , California Financial Services Companies , California Financial Services with Acquisitions , California Financial Services with Divestitures

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