Consolidation, steady growth to shape marketplace lending - LendIt keynote

By Sasha Padbidri
11 Apr 2016

Renaud Laplanche, CEO of Lending Club, called 2016 "a time for standardising and consolidating" in the marketplace lending industry, speaking in a keynote address at LendIt USA in San Francisco on Monday.

"I think where we are now is a time of stabilisation," said Laplanche, referring to the plateauing of the industry, which has been posting record growth numbers year after year since the market's inception. Consumer lending, which accounts for the biggest slice of the US marketplace lending space, ...

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