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Business Acquisitions - Summary of Income Statement Reclassification Adjustments (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]        
Compensation and benefits $ (4,098,000) $ (6,032,000) $ (9,419,000) [1] $ (95,818,000) [1]
Net interest income and fair value adjustments 45,905,000 18,937,000 64,411,000 43,135,000
Gain on sales of loans 19,317,000 1,724,000 27,640,000 15,985,000
Non-interest income        
Marketplace revenue [2] 151,735,000 18,881,000 233,462,000 121,358,000
Other non-interest income [2] 6,741,000 2,540,000 12,348,000 7,051,000
Total non-interest income [2] 158,476,000 21,421,000 245,810,000 128,409,000
Interest income        
Interest on loans held for sale [2] 8,694,000 25,287,000 13,851,000 52,663,000
Interest on retail and certificate loans held for investment at fair value [2] 16,014,000 29,700,000 36,276,000 65,076,000
Interest on other loans held for investment at fair value [2] 1,222,000 2,074,000 2,701,000 4,073,000
Interest on securities available for sale [2] 2,539,000 3,397,000 4,774,000 7,176,000
Other interest income [2] 190,000 102,000 346,000 983,000
Total interest income [2] 67,727,000 60,560,000 112,317,000 129,971,000
Interest expense        
Interest on short-term borrowings [2] 1,003,000 5,755,000 2,267,000 13,153,000
Interest on retail notes, certificates and secured borrowings [2] 16,014,000 29,700,000 36,276,000 65,076,000
Interest on Structured Program borrowings [2] 2,668,000 6,073,000 5,876,000 8,372,000
Interest on other long-term debt [2] 438,000 95,000 774,000 235,000
Total interest expense [2] 21,822,000 41,623,000 47,906,000 86,836,000
Net interest income [2] 45,905,000 18,937,000 64,411,000 43,135,000
Total net revenue [2] 204,381,000 40,358,000 310,221,000 171,544,000
Provision for credit losses [2] 34,634,000 (3,511,000) 56,127,000 [1] 7,469,000 [1]
Non-interest expense        
Compensation and benefits [2] 71,925,000 65,797,000 136,345,000 141,342,000
Marketing [2] 35,107,000 1,814,000 54,652,000 40,895,000
Equipment and software [2] 9,281,000 8,011,000 17,174,000 14,501,000
Occupancy [2] 6,157,000 8,962,000 13,057,000 15,775,000
Depreciation and amortization [2] 11,508,000 16,611,000 23,274,000 29,484,000
Professional services [2] 11,520,000 9,765,000 23,123,000 23,906,000
Other non-interest expense [2] 14,641,000 11,380,000 26,766,000 24,411,000
Total non-interest expense [2] 160,139,000 122,340,000 294,391,000 290,314,000
Income (Loss) before income tax expense 9,608,000 (78,471,000) (40,297,000) (126,239,000)
Income tax expense 237,000 0 (2,584,000) 319,000
Consolidated net loss 9,371,000 (78,471,000) (37,713,000) [1] (126,558,000) [1]
LendingClub        
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]        
Total interest income   0   0
Compensation and benefits   0   0
Gain on sales of loans   0   0
Net investor revenue   0   0
Other revenue   0   0
Total net revenue   0   0
Non-interest income        
Marketplace revenue   18,881,000   121,358,000
Other non-interest income   2,540,000   7,051,000
Total non-interest income   21,421,000   128,409,000
Interest income        
Interest on loans held for sale   25,287,000   52,663,000
Interest on retail and certificate loans held for investment at fair value   29,700,000   65,076,000
Interest on other loans held for investment at fair value   2,074,000   4,073,000
Interest on securities available for sale   3,397,000   7,176,000
Other interest income   102,000   983,000
Total interest income   60,560,000   129,971,000
Interest expense        
Interest on short-term borrowings   5,755,000   13,153,000
Interest on retail notes, certificates and secured borrowings   29,700,000   65,076,000
Interest on Structured Program borrowings   6,073,000   8,372,000
Interest on other long-term debt   95,000   235,000
Total interest expense   41,623,000   86,836,000
Net interest income   18,937,000   43,135,000
Total net revenue   40,358,000   171,544,000
Provision for credit losses   (3,511,000)   7,469,000
Operating expenses        
Sales and marketing   0   0
Origination and servicing   0   0
Engineering and product development   0   0
Other general and administrative   0   0
Total operating expenses   0   0
Non-interest expense        
Compensation and benefits   65,797,000   141,342,000
Marketing   1,814,000   40,895,000
Equipment and software   8,011,000   14,501,000
Occupancy   8,962,000   15,775,000
Depreciation and amortization   16,611,000   29,484,000
Professional services   9,765,000   23,906,000
Other non-interest expense   11,380,000   24,411,000
Total non-interest expense   122,340,000   290,314,000
Income (Loss) before income tax expense   (78,471,000)   (126,239,000)
Income tax expense   0   319,000
Consolidated net loss   (78,471,000)   (126,558,000)
Transaction fees        
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]        
Net Revenue $ 113,802,000 3,874,000 $ 169,361,000 140,117,000
Transaction fees | LendingClub        
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]        
Net Revenue   0   0
Investor fees | LendingClub        
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]        
Net Revenue   0   0
LendingClub Historical Presentation | LendingClub        
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]        
Total interest income   60,560,000   129,971,000
Interest expense   (37,766,000)   (82,007,000)
Compensation and benefits   (6,378,000)   (108,116,000)
Net interest income and fair value adjustments   16,416,000   (60,152,000)
Gain on sales of loans   1,724,000   15,985,000
Net investor revenue   37,455,000   16,907,000
Other revenue   2,540,000   7,051,000
Total net revenue   43,869,000   164,075,000
Non-interest income        
Marketplace revenue   0   0
Other non-interest income   0   0
Total non-interest income   0   0
Interest income        
Interest on loans held for sale   0   0
Interest on retail and certificate loans held for investment at fair value   0   0
Interest on other loans held for investment at fair value   0   0
Interest on securities available for sale   0   0
Other interest income   0   0
Total interest income   0   0
Interest expense        
Interest on short-term borrowings   0   0
Interest on retail notes, certificates and secured borrowings   0   0
Interest on Structured Program borrowings   0   0
Interest on other long-term debt   0   0
Total net revenue   0   0
Provision for credit losses   0   0
Operating expenses        
Sales and marketing   8,723,000   58,507,000
Origination and servicing   17,830,000   38,824,000
Engineering and product development   39,167,000   77,877,000
Other general and administrative   56,620,000   115,106,000
Total operating expenses   122,340,000   290,314,000
Non-interest expense        
Compensation and benefits   0   0
Marketing   0   0
Equipment and software   0   0
Occupancy   0   0
Depreciation and amortization   0   0
Professional services   0   0
Other non-interest expense   0   0
Total non-interest expense   0   0
Income (Loss) before income tax expense   (78,471,000)   (126,239,000)
Income tax expense   0   319,000
Consolidated net loss   (78,471,000)   (126,558,000)
LendingClub Historical Presentation | Transaction fees | LendingClub        
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]        
Net Revenue   3,874,000   140,117,000
LendingClub Historical Presentation | Investor fees | LendingClub        
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]        
Net Revenue   19,315,000   61,074,000
Reclassification Adjustments | LendingClub        
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]        
Total interest income   (60,560,000)   (129,971,000)
Interest expense   37,766,000   82,007,000
Compensation and benefits   6,378,000   108,116,000
Net interest income and fair value adjustments   (16,416,000)   60,152,000
Gain on sales of loans   (1,724,000)   (15,985,000)
Net investor revenue   (37,455,000)   (16,907,000)
Other revenue   (2,540,000)   (7,051,000)
Total net revenue   (43,869,000)   (164,075,000)
Non-interest income        
Marketplace revenue   18,881,000   121,358,000
Other non-interest income   2,540,000   7,051,000
Total non-interest income   21,421,000   128,409,000
Interest income        
Interest on loans held for sale   25,287,000   52,663,000
Interest on retail and certificate loans held for investment at fair value   29,700,000   65,076,000
Interest on other loans held for investment at fair value   2,074,000   4,073,000
Interest on securities available for sale   3,397,000   7,176,000
Other interest income   102,000   983,000
Total interest income   60,560,000   129,971,000
Interest expense        
Interest on short-term borrowings   5,755,000   13,153,000
Interest on retail notes, certificates and secured borrowings   29,700,000   65,076,000
Interest on Structured Program borrowings   6,073,000   8,372,000
Interest on other long-term debt   95,000   235,000
Total interest expense   41,623,000   86,836,000
Net interest income   18,937,000   43,135,000
Total net revenue   40,358,000   171,544,000
Provision for credit losses   (3,511,000)   7,469,000
Operating expenses        
Sales and marketing   (8,723,000)   (58,507,000)
Origination and servicing   (17,830,000)   (38,824,000)
Engineering and product development   (39,167,000)   (77,877,000)
Other general and administrative   (56,620,000)   (115,106,000)
Total operating expenses   (122,340,000)   (290,314,000)
Non-interest expense        
Compensation and benefits   65,797,000   141,342,000
Marketing   1,814,000   40,895,000
Equipment and software   8,011,000   14,501,000
Occupancy   8,962,000   15,775,000
Depreciation and amortization   16,611,000   29,484,000
Professional services   9,765,000   23,906,000
Other non-interest expense   11,380,000   24,411,000
Total non-interest expense   122,340,000   290,314,000
Income (Loss) before income tax expense   0   0
Income tax expense   0   0
Consolidated net loss   0   0
Reclassification Adjustments | Transaction fees | LendingClub        
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]        
Net Revenue   (3,874,000)   (140,117,000)
Reclassification Adjustments | Investor fees | LendingClub        
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]        
Net Revenue   $ (19,315,000)   $ (61,074,000)
[1] Prior period amounts have been reclassified to conform to the current period presentation. See “Notes to Condensed Consolidated Financial Statements Note 1. Summary of Significant Accounting Policies” for additional information.
[2] Prior period amounts have been reclassified to conform to the current period presentation. See “Notes to Condensed Consolidated Financial Statements Note 1. Summary of Significant Accounting Policies” for additional information.