LendingClub: How the Hybrid Banking-Marketplace Model Secures Profitability and Expands into New Markets

LendingClub has transitioned from being a pure P2P intermediary to a digital neobank. The hybrid banking and marketplace model provides a more stable and margin-rich revenue base through the combination of net interest income from loans and fee income from the marketplace.   The latest quarterly numbers demonstrate the operational strength of the model, with a significant growth of 32% in total revenue and more than a tripling of net profit year over year.   Future growth will be supported by the expansion of the product range and...