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Market Sentiment at LendIt USA from Crowdfund Insider
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Market Sentiment at LendIt USA from Crowdfund Insider

Market Sentiment at LendIt USA from Crowdfund Insider

Fintech Nexus Staff·
News RoundupOnline Lending
·Mar. 13, 2017·1 min read

Crowdfund Insider provides a roundup of keynote speaker quotes from LendIt USA expressing sentiment from the event; a great deal of attention at LendIt USA 2017 was on the industry’s rebound from challenges faced in 2016 including a disturbance of platform confidence following the release of Lending Club’s CEO with economic uncertainty and increased defaults also factoring into the market landscape; Scott Sanborn began the conference with an opening keynote speech discussing the exponential market opportunity still ahead likening the market’s growth to Amazon’s initial market potential; Lending Club’s appointment of Sanborn appears to be a critical success factor for the firm and the industry overall; generally market leaders were confident about the industry’s current trajectory and government officials reported an increased presence as mainstream integration becomes even more prevalent.  Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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