Lending Club assuages risk concerns | FT Business
- 5 years ago
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
Renaud Laplanche, chief executive of the 'marketplace lender', shrugs off the departure of Santander from his platform, saying he was able to replace the Spanish bank 'pretty much overnight'. He adds that Lending Club is adding new bank partners to protect itself and says that 'we definitely are' as regulated as traditional banks.
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes
Renaud Laplanche, chief executive of the 'marketplace lender', shrugs off the departure of Santander from his platform, saying he was able to replace the Spanish bank 'pretty much overnight'. He adds that Lending Club is adding new bank partners to protect itself and says that 'we definitely are' as regulated as traditional banks.
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes