Cycle-tested Leader with Massive Opportunity
Cycle-tested Leader with Massive Opportunity in
Fastest-Growing Area of Consumer Finance
Serving a large
addressable market
Personal Loans are projected to
resume their rapid growth trajectory
$976B revolving
US consumer debt¹
$835B
Projected annual originations
by digital lenders focused on
personal loans ($B)²
in credit card
balances as of
4Q203
31.8
2019A
23% CAGR
24.7
20.7
2020P
2021P
34.9
43.4
47.9
2022P
2023P
2024P
1. Source: Per the Board of Governors of the Federal Reserve System - as of December 2020 - https://www.federalreserve.gov/releases/g19/current/
LendingClub 2. Source: S&P Global Market Intelligence; company-provided information and disclosures; rating agency reports; proprietary estimates
3. Source: TransUnion PramaⓇ Insights
Positioned well as
the market leader
All Other
Digital Lenders
Combined²
$60B+
LendingClub
Cumulative
Originations
(3Q20)
6View entire presentation