The largest peer to peer lender in the US, Lending Club (NYSE: LC), has scheduled its first quarter earnings call for Tuesday, March 5, 2015 after the markets close at 5PM EST / 2PM PT. Â The San Francisco based marketplace lender will be presenting Q1 financials and give perspective on the coming year. Â Lending Club has been checking off a list of new partners since the beginning of the year as it seeks to boost more borrowers for its platform. Lending Club completed a highly successful IPO in December of 2014 establishing a benchmark for other marketplace lenders considering issuing shares to the public. The direct lender originated over $1.4 billion in loans for Q4 of 2014. Lending Club has leveraged technology to improve the lending space matching borrowers with investors. Â The company has grown rapidly undercutting traditional banks viewed as encumbered by legacy costs and processes.
A live webcast of the call will be available at the Lending Club site under the Events & Presentations menu. Interested individuals may also access the call, please dial +1 (888) 317-6003, or outside the U.S. +1 (412) 317-6061, with conference ID 8254302, ten minutes prior to 2:00 p.m. Pacific Time (or 5:00 p.m. Eastern Time).