In its 10th week of service Lendingclub.com has announced new features:

• Minimum loan amount is now $500 (down from $1000)
• The automatic diversification mechanism LendingMatch can now be used with as little as $500. LendingMatch uses the $500 to build a portfolio of 25 different loans
• claims usability improvements on referral program, that pays $5 for successful invitations
• borrowers in Arizona can use Lendingclub