Hey all, Jason here.
Welcome back to Fintech Business Podcast. In this episode, I talk to Scott Sanborn, CEO of “OG” fintech LendingClub, which made the transition from being a fintech “peer-to-peer” lender to acquiring and becoming a bank.
We had a chance to talk about:
The factors that drove LendingClub to become a bank
What lessons today’s fintech (and crypto) companies can learn from the challenges LendingClub has navigated
How LendingClub is responding to the changing economic climate
The opportunity and impact of “alternative data,” like cashflow-based underwriting, and novel products, like earned wage access
and more!
Special thanks to episode sponsor TripActions, the end-to-end travel, expense management, and corporate card solution.
If you’re interested in sponsoring an episode or appearing as a guest, drop us a line.
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Interview: Scott Sanborn, CEO of LendingClub