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Scott Sanborn
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Scott Sanborn

Peer to Peer Lending
·Jun. 28, 2016

Latest Updates from Lending Club Post 2016 Shareholder Meeting

The fallout from the departure of former Lending Club CEO Renaud Laplanche is still on the minds of many. Although this...
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News RoundupOnline LendingUSA
·Mar. 15, 2017

Video of the Week: Investing in the Future

Scott Sanborn provided the opening keynote presentation at LendIt USA 2017; the appointment of Sanborn has been a critical success factor for Lending Club and the marketplace lending industry; in his presentation he discusses the challenges of 2016 and the significant growth opportunity that still remains ahead; compares the market's potential to the growth of Amazon; provides insight on important factors for growth over the next ten years.

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News RoundupOnline LendingUSA
·Mar. 27, 2017

LendIt USA 2017 Keynote: Scott Sanborn – Investing in the Future

Scott first looks back at 2016, how Lending Club was able to overcome adversity and highlights some of the leading lenders in the space like SoFi and OnDeck; he makes the comparison that online lending is a lot like online retail and there are many lessons to be learned; just like customers in retail the customers in banking do not want to go to the local branch to get a loan, they want to have a seamless digital experience like they already have with the likes of Amazon; Scott offers three ideas to define the next decade for a stronger industry, evolve the customer experience, unleash the platform's potential and amplify the core innovations that serve customers; he finishes up with a few questions from audience members.  Source

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News RoundupOnline LendingUSA
·Apr. 25, 2017

Lending Club’s Annual Shareholder Meeting

Lending Club will hold its annual shareholder meeting on June 6, 2017; three board directors are up for approval including CEO Scott Sanborn; stockholders owning shares as of April 10 can participate in the virtual event; the shareholder meeting will take place one month after the firm announces its first quarter earnings results on May 4. Source

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FintechNews RoundupUSA
·Mar. 9, 2020

Lend Academy Podcast: Scott Sanborn of LendingClub

LendingClub recently announced that they would be acquiring Radius Bank; the news was a groundbreaking moment for fintech as LendingClub...
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News RoundupOnline Lending
·Mar. 7, 2017

Lending Club and American Express Provide Insight on Online Lending Market at LendIt USA

Scott Sanborn discussed the current market environment for online lending in his speech at LendIt USA comparing the industry to the growth of online retail and using Amazon as an example for how businesses can dramatically change and adapt to provide the best services for market needs; online lenders will have to be strategic in identifying market opportunities, building on their proprietary systems and partnering with other companies; Ash Gupta from American Express also noted at the conference the challenges and opportunities presented to online lending through the use of big data; the growing amount of data sourced by the industry has the potential to improve credit models and fraud prevention while also providing broader capabilities through machine learning technology.  Source

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News RoundupOnline Lending
·Mar. 16, 2017

Scott Sanborn on LendIt USA

Scott Sanborn gave a recap of his LendIt USA 2017 keynote presentation and reiterated his excitement and positive outlook for the marketplace lending industry in a blog post; Sanborn identified three key areas of importance: evolving the customer experience, unleashing the platform potential and amplifying core innovations; with a focus on these three things Lending Club plans to see more borrowers and investors as well as a number of new and innovative partnerships fueling its future business growth.  Source

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News RoundupOnline LendingUSA
·Apr. 14, 2017

Follow Up Friday: Scott Sanborn on His Career and Future Outlook for Lending Club

Scott Sanborn took over as chief executive officer at Lending Club, facing the challenge of rebuilding confidence in an innovative business model that helped to introduce the concept of P2P lending to the US in 2006; bringing unique experiences from a career that began in advertising, Sanborn has been with Lending Club since 2010, beginning in a role as chief marketing officer for the firm; in the Q&A he provides details about the firm's strategy for evolving through challenging times and what the firm is doing to meet new goals for the future. Source

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LendingClub earnings
Fintech One-on-One Podcast
·Mar. 6, 2020

Podcast 237: Scott Sanborn of LendingClub

It rocked the fintech world. When LendingClub announced they would be acquiring Radius Bank (pending regulatory approval of course) it...
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Peer to Peer Lending
·Apr. 21, 2020

LendingClub Cutting 460 Staff in Response to Reduced Loan Volume

Back in October last year LendingClub executives ran an exercise where they had to game plan how the company would...
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