LendingClub Corp at KBW Fintech Payments Conference Transcript

Feb 10, 2024

Mar 01, 2023 / 07:10PM GMT
Mike Perito - KBW - Analyst

Thank you for joining us. We're excited to have LendingClub with us here to discuss their business and outlook. Joining us from the company is CEO Scott Sanborn and CFO Drew LaBenne.

Thank you guys for participating and being here. I know it's a busy time, but we appreciate you joining us.

Scott Sanborn - LendingClub Corporation - CEO

Thanks for having us.

Mike Perito - KBW - Analyst

I wanted to start -- assuming the audience probably has a varying degree of familiarity with LendingClub -- and you guys have grown and evolved a lot in the last handful of year. Maybe just a good top-down overview of the platform and a brief review of your history as well and how you got here would be a good starting point.

Scott Sanborn - LendingClub Corporation - CEO

Yeah, so we are a digital bank. We started as a fintech lender, first loan in 2007, with the basic sense of the banking experience is pretty terrible. We can use data and technology to lower

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