Post Tagged with: "LendIt"

Marketplace Lending Growth ‘Right on Track,’ Lending Club CEO Says

Marketplace Lending Growth ‘Right on Track,’ Lending Club CEO Says

by April 12, 2016 at 9:28 am 3 comments

Is marketplace lending growing responsibly, considering regulatory oversight and despite popular opinion? Lending Club Chief Executive Renaud Laplanche weighs in.

Purge the Word ‘Frictionless’ from Banking

Purge the Word ‘Frictionless’ from Banking

by May 13, 2015 at 8:59 am 3 comments

SAN JOSE, Calif. — It’s time to relegate the phrase ‘frictionless’ to the FinTech trashbin. It will join words such as “omnichannel,” “disruption,” and “mobilefirst” in exile. All were used so often that they lost all meaning and just plain got on everyone’s nerves. Removing friction from financial services — with orRead More

Marketplace Lenders Share a Major Concern with Banks: Finding Borrowers

Marketplace Lenders Share a Major Concern with Banks: Finding Borrowers

by April 15, 2015 at 3:01 pm 1 comment

Marketplace lending is booming — but where are the borrowers? The LendItUSA event, taking place in New York this week, has trumpeted the victories of marketplace lending, and they are considerable: $9 billion in consumer loans written by marketplace lenders in the US alone in 2014, not to mention $5 billion in smallRead More