"We passed an important milestone this quarter in achieving higher monetization of mobile users than non-mobile users for the first time," Chief Financial Officer Maggie Wu said.
The 13th straight quarterly loss for the Silicon Valley electric carmaker underscores the financial hurdles that hamper it while it takes on increasingly ambitious goals.
The Seattle-based company is riding a wave of retail sales moving to the internet, and its Netflix-like video streaming is bringing new customers to its subscription Prime service.
Monday's filing indicated that Lending Club had repurchased an additional $3.8 million in loans during the first quarter that did not meet investor criteria.
The company -- which owns multiple dating websites, including OKCupid, Tinder and Match.com -- said its average paid-member count increased 36 percent in the first quarter.
Dip in share prices and bond yields, along with the upcoming election has had an impact on the state of the global economy, causing a setback in business travel growth.