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Chart of the Week: Lending Club and Prosper’s Q217 Originations
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Chart of the Week: Lending Club and Prosper’s Q217 Originations

Chart of the Week: Lending Club and Prosper’s Q217 Originations

Fintech Nexus Staff·
News RoundupOnline LendingUSA
·Aug. 29, 2017·1 min read

Consumer lenders Lending Club and Prosper are reporting growth in originations; for the second quarter Lending Club loan originations reached $2.1473 billion, increasing 10% from the previous quarter and the second quarter of 2016; Prosper originated $774.7 million worth of loans in the second quarter of 2017, an increase from $586 million in Q1 and $445 million in the second quarter of 2016; both companies had high Q1 2016 originations which has kept first half 2017 totals down in comparison to 2016. Source

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