LendingClub Q2 Loan Originations Soar By 84 Pct
newscatcher
2021-07-29 02:30
LendingClub Q2 Loan Originations Soar By 84 Pct
San Francisco-based FinTech LendingClub said it had its most profitable quarter in company history Wednesday (July 28) as the newly minted lender completed its first full quarter operating as a digital bank following its $185 million purchase of Radius in January. In announcing its second-quarter results for the three months ended June 30, LendingClub said its revenues grew 93 percent as loan origination fees more than doubled. 'This is the beginning of a dramatically enhanced earnings trajectory for the business.

https://www.pymnts.com/earnings/2021/lendingclub-q2-loan-originations-soar-by-84-pct/

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