May 17, 2023 / 12:35PM GMT
Unidentified Analyst -
Okay. We're going to get started with the next panel. Good morning, and thank you for joining us. Those of you who don't know, I'm [Mark], I cover the U.S. consumer finance space for Barclays. And I'm very pleased to be joined up on the stage by Drew LaBenne, the CFO of LendingClub, for the fireside chat. Drew, thank you for joining us.
Andrew LaBenne - LendingClub Corporation - CFO
Yes. Thanks for having me, Mark. Appreciate it.
Unidentified Analyst -
So for the sake of those who are new to LendingClub, could you give us a 1-minute intro to the company and your value proposition?
Andrew LaBenne - LendingClub Corporation - CFO
Yes, sure. Absolutely. The company has been around for a long time. It was founded in 2006. It was really founded on the simple idea that while credit cards are a great way to make payments, they are a difficult way to borrow money. And so LendingClub had a different proposition, which was to take a product that existed for a long time in the
LendingClub Corp at Barclays Emerging Payments and FinTech Forum Transcript
Feb 10, 2024
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