Lending Club Nominated for Webby Award

Lending Club, a California-based peer to peer lending company, has been nominated for a 2011 Webby Award.

The company has been nominated for a Webby Award in the category of banking and bill paying. Lending Club said on its blog that, “the Webby Award is the most prestigious recognition of web design, innovation, and internet product excellence.” Lending Club had previously won a webby award in 2008 and was nominated for webby awards in 2009 and 2010. This year, Lending Club was nominated for its website re-vamp and new branding.

Lending Club’s Rob Garcia said on Lending Club’s blog that, “It is quite rare for the Webby judges to bring back sites that have won in the past, so we take this nomination with pride and excitement as a recognition of our dedication to product excellence.”

The company is competing with Chase, US Bank, Kashoo and Billeo in the banking and bill paying category in 2001. The winner will be selected by the International Academy of Digital Arts and Sciences. Additionally, a people’s choice award will be given based on user voting.

Lending Club is an online platform that enables the issuance of and investment in consumer loans.  Lending Club brings together investors and creditworthy borrowers — eliminating the cost and complexity of traditional bank lending — to offer borrowers better rates and investors better returns.  Lending Club was recently recognized as one of the 20 “Breakthrough Ideas for 2009” by Harvard Business Review, has been nominated for “Top 100 Innovators” by The Industry Standard, is on the JMP Hot 100 list, and the Always On Global 250 Top Private Companies list.  In addition Lending Club won the Webby Award in 2008 for the “Best Banking Website”. Founded in 2006, Lending Club is headquartered in Redwood City, CA. More information is available at:http://www.lendingclub.com.