Months after LendingClub announced that it was closing its small business lending division, the online P2P credit marketplace is back in the fintech headlines with the launch of the Select Plus Platform. The solution enables sophisticated investors to participate in the financing of borrowers “who fall outside current criteria” of bank lenders.

Select Plus provides these borrowers with the opportunity to get the access to credit they need, while giving investors the ability to pursue potentially attractive risk adjusted returns. The solution will also boost LendingClub’s customer base, and help the company facilitate the more than 14 million applications for loans it received in 2018 alone.

Growing from inception to execution in less than a year, Select Plus is a testament to LendingClub’s product-building ability, according to company Chief Capital Officer Valerie Kay. In addition to getting to market quickly, Select Plus shows how the company is uncovering new ways to leverage its platform.

“This is a huge step forward in our evolution as we continue to unlock the power of the marketplace model to generate access and ultimately savings for borrowers by finding and matching the right capital sources with the right borrowers,” Kay said.

Select Plus already has its first investor. Theorem Partners, a firm that leverages data science and machine learning to invest in marketplace loans, will integrate its Theorem Score credit investment model with LendingClub’s new solution.

One of Finovate’s oldest alums, LendingClub demonstrated its “online lending community” at the very first Finovate conference in 2007. In the years since, the company has grown into the largest P2P lending marketplace in the world with more than three million customers and more than $50 billion in loans facilitated on its platform. In June, the company celebrated its three millionth member by paying off the borrower’s 6% APR, $40,000 debt consolidation loan in full.

Last month, LendingClub introduced Levered Certificates, a new financial product that combines an equity certificate based on a pool of unsecured personal loans with a fixed rate note to provide consistent financing over the term of the certificate. The company began the year partnering with U.K. data vendor Brismo to provide standardized performance metrics for lending.

Publicly-traded on the New York Stock Exchange under the ticker LC, Lending Club has a market capitalization of $1 billion. The company was founded in 2006, and is headquartered in San Francisco, California. Scott Sanborn is President and CEO.