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LendingClub Reports Fourth Quarter and Full Year 2020 Results
Originations Increase 56% Quarter-over-Quarter, Exceeding High End of Guidance Range
Acquisition of Radius Bancorp Creates First Digital Marketplace Bank in the U.S.
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SAN FRANCISCO, March 10, 2021 /PRNewswire/  
LendingClub Corporation (NYSE: LC), America s first digital marketplace bank, today announced financial results for the fourth quarter and full year ended December 31, 2020.
I am proud of our accomplishments in 2020, which led us to complete the groundbreaking acquisition of Radius Bank. Combining the award-winning digital bank with LendingClub s leading online marketplace provides us with substantial advantages over both traditional banks and fintech marketplace lenders, said Scott Sanborn, Chief Executive Officer of LendingClub. Adding deposit capabilities builds on our tech and data advantages as it allows us to better serve our more than 3 ....

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