LendingClub vs SoFi
Business model, scale, and a side-by-side Litmus framework score — which model wins, and for whom.
SoFi wins on scale and product breadth; LendingClub wins on focus and a deeper personal-loan credit dataset.
At a glance
| Metric | LendingClub | SoFi |
|---|---|---|
| Revenue | ~$1.0B (FY2025 total net revenue, est.) | ~$1.0B (Q4 2025 adjusted net revenue) |
| Profit | Profitable; Q4 net income $41.6M (up 4x YoY) | $173.5M (Q4 2025 GAAP net income) |
| Active users | 5M+ Members | 13.65M members |
| Employees | 1,200 | ~4,500 |
| Founded | 2006 | 2011 |
| HQ | San Francisco, CA | San Francisco, USA |
LLitmus Framework Score
Overall: LendingClub 90 · SoFi 85
Customer Segment
93
87
Value Proposition
91
88
Marketing Channel
88
82
Engagement
85
85
Income Source
94
86
Asset Validation
96
89
Core Operations
87
84
Strategic Alliance
84
80
Expense Validation
89
83
LendingClub leads 8 modules, SoFi leads 0. Overall edge: LendingClub.
Head to head
| Dimension | LendingClub | SoFi |
|---|---|---|
| Members | 5M+ | 11M+ |
| Revenue | ~$1.0B (FY25, est.) | $2.7B+ |
| Model | Focused personal-loan bank | Full-stack lifestyle bank |
| Funding | Deposits (~3.8% cost) | Deposits + capital markets |
| Profitability | Profitable (Q4 NI $41.6M) | Recently profitable |
FAQ
Is LendingClub or SoFi a better business?
SoFi wins on scale and product breadth; LendingClub wins on focus and a deeper personal-loan credit dataset. It depends on what you optimise for — see the module-by-module breakdown above.
What is the difference between LendingClub and SoFi's business model?
LendingClub operates in Fintech / Banking (America’s leading digital marketplace bank), while SoFi is Fintech (Get your money right). Their revenue, scale and Litmus scores are compared in detail above.
Which is more profitable, LendingClub or SoFi?
LendingClub: Profitable; Q4 net income $41.6M (up 4x YoY). SoFi: $173.5M (Q4 2025 GAAP net income).