May 7 (Reuters) - LendingClub Corp posted a smaller quarterly loss on Tuesday, as the online-loan marketplace earned more in fees from processing transactions.
The San Francisco-based company's net loss narrowed to $19.9 million, or 5 cents per share, in the first quarter ended March 31 from $31.2 million, or 7 cents per share, a year earlier.[reut.rs/2H5Bf12 ]
Total revenue rose to $174.4 million from $151.7 million. (Reporting by Bharath Manjesh in Bengaluru; Editing by Anil D’Silva)