Scott Sanborn Joins LendIt Fintech USA 2018 As Commencement Keynote Speaker

NEW YORK, Feb. 22, 2018 /PRNewswire/ -- LendIt Fintech, the world's leading event in financial services innovation, announced today that Scott Sanborn, LendingClub (NYSE:LC) CEO, will open this year's conference in San Francisco, the home of technology innovation, with a plea to refocus industry efforts on solving the financial problems of everyday Americans in an increasingly divided nation. From April 9-11, the world's most prominent and emerging fintech CEOs will gather at Moscone Center to focus on the hot-button topics and issues exploring the future of finance.

"Even in this strong economy, increases in cost of living combined with income volatility are leaving mainstream Americans more worried about financial stability than upward mobility. With savings at their lowest rates in over a decade, people are turning to credit to bridge the gap, and many are stuck in neutral or falling behind," said Scott Sanborn, CEO, LendingClub. "Managing credit is a data problem that technology is well-suited to solve and our industry must make it easier to help these millions of Americans get back to financial health."

"We are honored to have Scott Sanborn kick off our keynote speaker series at LendIt Fintech USA 2018," said Peter Renton, co-chairman, LendIt Fintech. "We are looking forward to hearing his perspective and vision of the fintech industry as well as how LendingClub is continuing to make credit more affordable for American families."

Now in its sixth year, LendIt Fintech has grown to more than 6,000 attendees from 50 countries, and over 400 speakers. LendIt Fintech's mission is to connect every major player, platform, investor and service provider in the fintech industry. LendIt Fintech has grown along with the fintech industry. Once dominated by lenders and banking services, LendIt Fintech has broadened to an ecosystem that includes digital banking, blockchain for financial services, lending, financial AI, women in fintech, financial inclusion, residential and commercial real estate lending, and the future of money.

Founded in 2013, LendIt Fintech has emerged as the leading lending and fintech conference in the US, Europe and Asia. For more information, tickets and sponsorship opportunities, please visit www.lendit.com.

About LendIt Fintech
LendIt Fintech is a recognized global internet finance industry leader, founded in New York in 2013. Its aim is to gather industry elites to discuss and explore latest trends in the development of international financial technology. LendIt Fintech has become the largest event in financial services innovation as it hosts three annual conferences, LendIt Fintech USA, LendIt Fintech Europe, and Lang Di Fintech, and dozens of complementary online and in-person industry events. LendIt Fintech also owns and operates one of the world's leading industry educational channels, Lend Academy.

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SOURCE LendIt Fintech