Scott Sanborn, CEO of Lending Club (NYSE:LC) delivered an upbeat report on Q3 results today sharing on the earnings call that progress was moving forward ahead of expectations. Sanborn said investors invenctives were removed and many institutional investors had returned to the fold. Lending Club increased rates several times this past year to improve credit risk and incentivize investors.
Sanborn highlighted Lending Club’s recent push into secured auto loans – a new lending vertical for the marketplace lender.
Sanborn also said he recently spent time in Washington, DC discussing the benefits his platform provides with policy makers and regulators.
Since platform inception, Lending Club has originated $22.66 billion in loans.
Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.
YTD: Jan 1, 2026 - Oct 22, 2026 vs Jan 1, 2025 - Oct 22, 2025
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Number of Filings130Prior 125 +4.0%
Target Raise, Total$3.37BPrior $3.54B -4.7%
This YTD
Year prior
Change
Filings
130
125
+4.0%
Target raise
$3.37B
$3.54B
-4.7%
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This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.
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Scott Sanborn, CEO of Lending Club (NYSE:LC) delivered an upbeat report on Q3 results today sharing on the earnings call that progress was moving forward ahead of expectations. Sanborn said investors invenctives were removed and many institutional investors had returned to the fold. Lending Club increased rates several times this past year to improve credit risk and incentivize investors.
