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LendingClub’s Vision for the Future of Digital Banking

Scott Sanborn, CEO of LendingClub shares the changes that have been made since the acquisition of Radius Bank and his vision for growth of LendingClub using a marketplace banking strategy.

Published on May 2024 in Fintech Banking

FEATURING: Scott Sanborn, CEO of LendingClub

Today on Banking Transformed, we have the privilege of revisiting Scott Sanborn, CEO of LendingClub, the leading digital marketplace bank in the U.S. Since its inception, LendingClub has challenged the traditional banking model, leveraging technology and data to deliver better rates and products to its members.

Scott shares his insights on the company’s journey since acquiring Radius Bancorp in 2021, and the future prospects for growth since successfully exiting from the three-year Operating Agreement required of new banks.

Finally, Scott provides his vision for the future of banking, and how he sees LendingClub’s role in shaping this future.

Prefer to read the conversation? Check out the edited Q&A here.

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