We are thrilled to announce that Lending Club has been chosen as one of the 2010 AlwaysOn Global 250 Top Private Companies. Other winners include LinkedIn, Facebook, Twitter, SolarCity, FourSquare and Yelp. No other financial innovation company was included in the prestigious list.
AlwaysOn, the leading business media brand networking the Global Silicon Valley, selected the 250 winners from among thousands of domestic and international technology companies nominated by investors, bankers, journalists, and industry insiders. Lending Club and the rest of the winners represent the top emerging companies in the Global Silicon Valley that are demonstrating significant market traction, disrupting existing industries and pursuing game-changing technologies in on-demand computing, consumer internet, digital media, and greentech. Companies were evaluated using five measures: innovation, market potential, commercialization, stakeholder value and media buzz.
At Lending Club, we pride ourselves in offering an award winning approach to investing and borrowing. In our short 3 years, we have garnered an impressive collection of awards and recognitions that confirm our absolute leadership in the peer lending space and commitment to innovation in the banking industry. Lending Club won the Webby Award in 2008 for the "Best Banking Website" and has been nominated for "Top 100 Innovators" by The Industry Standard. It was also recently recognized as one of the 20 "Breakthrough Ideas for 2009" by Harvard Business Review.
The winners of this competition will be officially announced at The AlwaysOn and STVP Summit at Stanford 2010 today at Stanford University in Palo Alto, CA. We'll be there celebrating, so stop by and say hi.