Core Insights - LendingClub has partnered with Wisetack to enter the home improvement financing market, leveraging Wisetack's extensive network of contractor merchants and software partnerships [2][4] - The partnership will unfold in two phases: initially, LendingClub will purchase participation certificates from Wisetack's loan production, followed by the use of its own underwriting model for larger loans starting in mid-2026 [3] - The home improvement industry is valued at $500 billion, presenting significant growth opportunities for LendingClub and Wisetack [4] Company Developments - LendingClub reported a 37% increase in loan originations in Q3, reaching $2.6 billion, the highest in three years, driven by strong consumer demand and enhanced marketing efforts [5][6] - Marketplace revenues for LendingClub reached $108 million, accounting for 75% of total revenues, while structured certificate sales exceeded $1 billion [6] - BlackRock has entered into a new agreement with LendingClub to invest up to $1 billion through its marketplace programs, following an initial $100 million transaction [7]