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LendingClub and BlackRock Partner on Loan Transactions Up to $1 Billion

Provided By PR Newswire

Last update: Aug 5, 2025

SAN FRANCISCO, Aug. 5, 2025 /PRNewswire/ -- LendingClub Corporation (NYSE: LC) today announced the signing of a memorandum of understanding by which funds and accounts managed by BlackRock (NYSE: BLK) investment advisors will invest up to $1 billion through LendingClub's marketplace programs through 2026.

Read more at prnewswire.com

LENDINGCLUB CORP

NYSE:LC (10/24/2025, 3:09:00 PM)

18.66

+0.41 (+2.25%)


BLACKROCK INC

NYSE:BLK (10/24/2025, 3:08:34 PM)

1140.78

+15.78 (+1.4%)



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