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Lending Club Reaches $400 Million in Loan Originations

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Yesterday morning, Lending Club announced its achievement of reaching the $400 million mark in loan originations:

“The milestone comes less than four months after Lending Club reached $300 million in total loan originations in July. A record $27.5 million in personal loan originations in October contributed to the milestone. Lending Club loan originations are growing by more than 150 percent year-over-year, and the platform has now paid investors more than $33 million in interest.”

To learn more about Lending Club, watch its demo from FinovateStartup 2009.