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Welcome back, fellow Californians!

Four weeks after completing our federal registration with the SEC, we are ecstatic to announce that the wonderfully creative and sunny state of California has decided to promote financial innovation at the time the country and the state need it the most, and cleared our securities filing this morning. As residents of the state dubbed in its early history as “Cornucopia of the World”, Californians can now invest in loans made to Lending Club members.

Since California hosts more than 25% of our lender members, we thought we’d edit our orange map to make that clear:

state-approvals-as-of-2008-11-14

More from our feed soon…

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