Lending Club is now available to investors in Missouri , South Carolina , and elsewhere , bringing the total number of states available to retail investors to 39 . Renaud Laplanche , chairman of Lending securities , said the company was excited to embrace consumer lending as an asset class for retail investors . “ There are now well over 400 active investors in 39 states enjoying the benefits of high - profile and broad diversification that were previously only available to banks and large institutional investors , ” commented Laplanche .
Lending Club is now available to investors in Missouri, South Carolina, and Tennessee, bringing the total number of states available to retail investors to 39. Renaud Laplanche, CEO of Lending Club, said the company was excited to expand consumer credit as an asset class for retail investors. “There are now well over 100,000 active investors in 39 states enjoying the benefits of high-yield and broad diversification that were previously only available to banks and large institutional investors,” commented Laplanche.