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Lend Academy Article: LendingClub Q1 2018 Earnings Results Review
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Lend Academy Article: LendingClub Q1 2018 Earnings Results Review

Lend Academy Article: LendingClub Q1 2018 Earnings Results Review

Fintech Nexus Staff·
FintechNews RoundupUSA
·May. 9, 2018·1 min read

Banks make up nearly 50% of LendingClub’s platform as originations grow 18% year over year; originations were $2.3 billion for the quarter and revenue was $151.7 million; LendingClub incurred a GAAP net loss of $31.2 million which included legal expenses related to legacy issues of $17 million. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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