While fintech innovation has greatly evolved in recent years, there is still much more to be accomplished; one area available for significant market growth is financial inclusion; Lend Academy talks about fintech innovation for the underserved bank customer in their article; LendIt will be running a financial inclusion track this year at LendIt USA to help support development of this market opportunity. Source
Lend Academy provides insight and highlights from the event's keynote speakers in their article; day one featured Scott Sanborn from Lending Club as the event's leading keynote speaker and also included three keynote presentations on regulation in the industry from Congressman Patrick McHenry, Comptroller Thomas Curry and CFPB Director Richard Cordray; day two began with Alex Tapscott discussing blockchain and followed with a variety of insights from leading industry innovators; Lend Academy also reports on PitchIt and the LendIt Industry Awards additionally including key takeaways from the event overall; videos from the event will all be published within the next few days and can be found on the LendIt USA 2017 video page. Source
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.
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
LendIt has announced a list of keynote speakers for LendIt USA 2017 on March 6 and 7; keynote speakers will cover the industry's most important topics and innovations; as fintech regulation and a new presidential administration influence the market, LendIt USA 2017 will also be featuring some of the industry's most influential government officials including Richard Cordray, director of the Consumer Financial Protection Bureau, Thomas Curry, comptroller of the currency for the US Department of the Treasury and Patrick McHenry, US congressman. Source
LendIt has posted presentations from LendIt USA 2017 keynote speakers and the event's various tracks on its blog; keynote speaker videos are now all available on the LendIt website and videos from different tracks continue to be added; also available on the website are LendIt USA 2017 photos. Source
Brett King interviewed Antony Jenkins for a LendIt USA 2017 keynote presentation titled, "The End of the Beginning: Accelerating Transformation in Financial Services"; King also talked with a number of conference participants in a Breaking Banks podcast titled, "Innovations in Lending at LendIt 2017"; the podcast provides insight from Brock Blake of Lendio, Christoph Rieche of iwoca, Ohad Samet from TrueAccord, Peter Renton from LendIt, John Owens and Emmanuel Daniel of The Asian Banker. Source
CreditEase Fintech Investment Fund (CEFIF) announced three investments in new fintech companies at LendIt USA 2017; the investments were a series C round in Trumid, an electronic trading platform for the bond market, series B round in WeConvene, an online corporate access management ERP provider for capital markets, and a seed round in WorldCover, an innovative peer-to-peer insurance network; Anju Patwardhan, senior partner of CEFIF, said: "We believe the Chinese fintech market will continue to grow in 2017 and beyond, as many three to five year-old companies have grown into large-scale operations. We expect many of these to mature into high-quality, mid-to-late stage companies." Source