Forbes interviews Scott Sanborn, CEO of Lending Club, to discuss its most recent efforts to innovate on product, technology, and distribution.
Next month will mark Lending Club’s 10-year anniversary. It’s really exciting to look back at everything we’ve accomplished and the impact we’ve been able to make on people’s lives, yet knowing that we are just getting started. We’ve built a dynamic and efficient marketplace that delivers affordable credit to borrowers and solid returns for investors, is resilient to a variety of market conditions, and is scalable and extensible. For example, we’re looking at ways to expand access to our asset to even more types of investors through new products and new distribution channels. And, we just launched a new app for our retail investors, which gives them an easy way to manage their investment portfolios.