Podcast appearances and mentions of Renaud Laplanche

In this episode, I sit down with Renaud Laplanche, founder and CEO of Upgrade. Renaud talks about his move from Lending Club to starting Upgrade, focusing on innovation in consumer fintech. He shares insights on the unique features of the Upgrade Card, the strategic partnerships with credit unions, and the future of consumer finance. We dive into his strategies for building successful fintech companies and what sets Upgrade apart in the industry.

This episode was produced remotely using the ListenDeck standardized audio & video production system. If you're looking to jumpstart your podcast miniseries or upgrade your podcast or video production please visit www.ListenDeck.com. You can subscribe to this podcast and stay up to date on all the stories here on Apple Podcasts, Google Podcasts, Stitcher, Spotify, Amazon and iHeartRadio. In this episode, the host John Siracusa had a remote chat with Renaud Laplanche, Co-founder & CEO of Upgrade.  Renaud was previously CEO of Lending Club where he is also a co-founder.  In this episode we go in depth about his journey from corporate lawyer, to MatchPoint (acquired by Oracle) and Lending Club which was created in a time when peer to peer lending was not even an idea.  Today at Upgrade he's creating something that is not obvious yet.  Throughout the interview Renaud realizes that he loves to create non-obvious things that change industries.   Subscribe now on Apple Podcasts, Google Podcasts, Stitcher, Spotify, Amazon and iHeartRadio to hear next Thursdays episode with Lamine Zarrad from StellarFi. About the host: John is the founder of ListenDeck a full-service podcast and video production company, which has produced over 1500 episodes of various podcasts. He is the host of the ‘Bank On It' podcast, which features over 600 episodes starring high profile fintech leaders and entrepreneurs. Follow John on LinkedIn, Twitter, Medium

This episode was produced remotely using the ListenDeck standardized audio & video production system. If you're looking to jumpstart your podcast miniseries or upgrade your podcast or video production please visit www.ListenDeck.com. You can subscribe to this podcast and stay up to date on all the stories here on Apple Podcasts, Google Podcasts, Stitcher, Spotify, Amazon and iHeartRadio. In this episode, the host John Siracusa had a remote chat with Ankur Joshi, Founder & CEO of Nuclei.  Nuclei is platform that integrates ecosystems for various customer cohorts, such as retail customers, small and medium enterprises.  Nuclei works with banks and telecom companies to provide value-added services and non-banking products to their customers. We chat about insights on the company's expansion strategy, the importance of building a strong team to do so, and the balance between short-term and long-term goals.    Subscribe now on Apple Podcasts, Google Podcasts, Stitcher, Spotify, Amazon and iHeartRadio to hear next Thursdays episode with Renaud Laplanche from Upgrade. About the host: John is the founder of ListenDeck a full-service podcast and video production company, which has produced over 1500 episodes of various podcasts. He is the host of the ‘Bank On It' podcast, which features over 600 episodes starring high profile fintech leaders and entrepreneurs. Follow John on LinkedIn, Twitter, Medium

Upgrade's visionary CEO, Renaud Laplanche, unpacks his pioneering thinking on consumer finance. He unveils 3 key financial consumer needs and explores the evolving landscape of fintechs — progress, challenges and what's next.

The neobank doubled its membership to five million consumers and hired 200 people last year. Founder and CEO Renaud Laplanche explains how it fared during a time when many fintechs struggled.

In the dynamic world of entrepreneurship, few stories are as captivating as Renaud Laplanche's journey. From the picturesque streets of Paris to navigating the entrepreneurial waters in the South of France, Renaud's experiences have shaped him into a serial entrepreneur with a remarkable track record.

With a recession looming, consumer spending and overall financial health is under pressure, creating a tricky environment for B2C fintech lenders. Today, thereʼs less demand for consumer loans, and lenders are tightening their credit books. The ʻcautious approachʼ narrative prevails in many interviews and conference calls. But not every fintech lender is the same. There are many business models currently on the market – some more successful than others – and on most of them, the juryʼs still out. Most havenʼt been tested yet by a down market, which is one of the biggest hurdles to overcome for any lender. In this context, I sat down with Renaud Laplanche, CEO at Upgrade, one of the main direct-to-consumer fintech lenders in the US. We discussed the macro environment, and how he designed Upgradeʼs business model in a way that is proving resilient during these turbulent times. To read the transcript of our conversation, head over to Tearsheet.co.

Renaud Laplanche, PDG français de Lending Club est installé aux États-Unis. Afin de réaliser une série de records au Royaume-Uni, en France et aux Etats-Unis, il a loué le trimaran Banque Populaire VII pendant l'été 2015. Et le bateau, appelé Lending Club 2 pour l'occasion, a encore prouvé tout son potentiel. Cet article fait partie d'un reportage sur l'un des trimarans les plus titrés de l'histoire. 👉 Lire l'article et voir les photos. En savoir plus sur les sujets abordés dans cet épisode : Trimaran Groupama Transpacifique Maxi Banque Populaire VII Le magazine Bateaux.com apporte un éclairage nouveau aux plaisanciers au travers de 12 chaines d'information : Voilier.com MotorBoat.fr SemiRigide.com Multicoque.com Regate.com NavigationFluviale.com GrandeCroisiere.com Conseils Techniques Equipement et Accastillage SuperYachts.fr Culture Nautique GlisseNews.com Avec une diffusion en 5 langues (Français 🇫🇷, Anglais 🇺🇸, Allemand 🇩🇪, Italien 🇮🇹 et Espagnol 🇪🇸) et un lectorat reparti dans plus de 140 pays 🌍, Bateaux.com est considéré comme la première commaunauté de plaisanciers avec le réseau social dédié au nautisme Yacht-Club.com. Bateaux.com est édité de concert avec le magazine BoatIndustry.fr à destination des professionnels de la plaisance 🇫🇷, qui se décline à l'international avec BoatIndustry.de pour l'allemand 🇩🇪, BoatIndustry.com pour l'anglais 🇺🇸, BoatIndustry.es pour l'espagnol 🇪🇸 et BoatIndustry.it pour l'italien 🇮🇹. ✉️ N'hésitez pas à nous envoyer un commentaire ou une news en cliquant ici. 👉 Et n'oubliez pas de laisser 5 étoiles si l'information vous a plu 🙏.

Renaud Laplanche, the CEO and co-founder of Upgrade, explains how the company aims to create a healthier credit card by converting debt into an installment loan with zero fees. 

After years of growing some of the most well-known financial and technology brands, John Macllwaine decided to take the reins of the future with his own fintech startup. His company, Highnote has attracted funding from top-tier investors like Westcap, SVB Capital, Renaud Laplanche, and Costanoa Ventures.

Miguel Armaza sits down with Renaud Laplanche, Co-Founder & CEO of Upgrade, one of the leading neobanks in the US that was ranked by the Financial Times as the fastest-growing US company in 2021.Founded in 2016, Upgrade has issued over $10 billion in credit to consumers and has raised more than $600 million in equity from DST, Union Square Ventures, Ribbit, Coatue, and many more.In this episode, we discuss:Leadership lessons – Renaud is a serial entrepreneur and fintech OG, who previously founded Lending Club, one of the first fintech companies that went public in 2014 on the NYSE. He shares what he learned from that experience, including the impact of recurring revenue, people management reflections, fundraising strategies, and a lot more.Stakeholder capitalism – why optimizing the bottom line isn't enough for companies and CEOs need to pay attention to multiple stakeholders and demonstrate a positive impact on society.Renaud's take on current investor sentiment for publicly traded fintech companies and why despite the latest downturn, he's seeing high enthusiasm from investors for the fintech sector.Launching crypto-driven products and how Upgrade is helping mainstream consumers dip their toe into crypto… and a lot more!Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today's global leaders that will dominate the 21st century in fintech, business, and beyond.Do you prefer a written summary, instead? Check out the Fintech Leaders newsletter and join  31,000+ readers around the world!Miguel Armaza is Co-Founder & Managing General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.Miguel on LinkedIn: https://bit.ly/3nKha4ZMiguel on Twitter: https://bit.ly/2Jb5oBcFintech Leaders Newsletter: bit.ly/3jWIpqp

Erich Bonnet is the CIO, CEO and founder of Smart Lenders Asset Management, a Paris-based asset manager exclusively managing portfolios of loans issued through online lending platforms.Erich has had an impressive career with a background in trading and asset management. He began his path as a trader of interest rate derivatives at a French bank. Having worked in both OTC markets and floor trading, he eventually launched ADI, an alternative asset management company specialising in arbitrage strategies. The company became the largest independent alternative investment manager in Paris with more than 400 institutional clients and 6.5 billion EUR of Assets Under Management (AUM). After selling this company, Erich started focusing on niche investments...It was in 2012 – when he, for the first time, heard about marketplace lending through his friend Renaud Laplanche (the famous Frenchman who co-founded Lending Club, a successful American peer-to-peer lending company). Erich became very intrigued with this asset class and felt it was very attractive to European investors. Soon after, he decided to launch Smart Lenders Asset Management – a company that is to become one of the largest funds in Europe for this asset class.As of June 2021, Smart Lenders Asset Management hit a significant milestone and invested more than 1 billion USD in loans for institutional and professional European investors to date. Talk about being impressive!Tune in to this incredible episode to learn how Erich did it all! His remarkable journey, his take on the Europe and US marketplace lending space, the perks of this asset class, and lots more. It's an episode that cannot be missed! 

One of the true pioneers of the fintech space joins us for the show today. This is someone who has become a giant of the fintech space, taking two companies from an idea to unicorn status in just a few short years. Our next guest on the Fintech One-on-One podcast is Renaud Laplanche, the CEO and Co-Founder of Upgrade. He is back on the show for the third time (here are the first and second times) and the first time since he started Upgrade. We cover a range of different topics today and we delve deeply into some of Upgrade's unique product offerings.Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes

Anirudh Singh sits down with Renaud Laplanche, CEO and Co-founder of Upgrade. In this episode they discuss: - Launching Upgrade after the success of Lending Club - Upgrade's unique product offering, including bitcoin rewards and debit card rewards - What Renaud looks for when partnering with Venture Capital firms - Milestones to reach before taking a company public And much more! Renaud Laplanche Renaud is the co-founder and CEO of Upgrade, Inc. a neobank that offers affordable and responsible credit to mainstream consumers. Under his leadership, Upgrade has reached profitability and a $3Bn+ valuation within 4 years of launch. Prior to Upgrade, Renaud founded and ran Lending Club for 10 years. He took the company public, reaching a market capitalization of $10 billion in December 2014. At Lending Club, Renaud pioneered consumer fintech and grew the company to become the largest provider of personal loans in America. Renaud was ranked #23 in Bloomberg Markets' 2015 Most Influential List, an annual ranking of the World's top 50 most influential leaders across technology, finance, and politics. He was also recognized at the Clinton Global Initiative by President Clinton for expanding access to affordable and responsible credit. In 2014, he won the Economist Innovation Award in the consumer products category and was named the "best start-up CEO to work for" by Business Insider. Renaud was named “Fintech Executive of the Year” by Finovate in 2020. He also holds the Newport-Bermuda world speed sailing record. About Upgrade Upgrade is a neobank that offers affordable and responsible credit to mainstream consumers through personal loans and cards, together with credit monitoring and education tools that help consumers better understand and manage their money. Over $7 billion in loans and cards have been originated by the Upgrade platform since its inception in 2017. Upgrade is headquartered in San Francisco, California. More information is available at: www.upgrade.com. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech LinkedIn: www.linkedin.com/company/wharton-fintech-club/ WFT Twitter: twitter.com/whartonfintech Anirudh's Twitter: twitter.com/avsingh_24

After taking Lending Club public, Renaud has now built his second Fintech unicorn which offers affordable and responsible credit to mainstream consumers. Renaud joins us with hot-off the press news on his Series E round of $105MM.

Whether you're an experienced crypto trader or just starting out, Kraken has the tools to help you achieve financial freedom. With 50+ cryptocurrencies to choose from, industry leading security and wide variety of features to suit any investing strategy, Kraken puts the power in your hands to buy, sell and trade digital assets. Visit Kraken.com to get started today. Bryce Hall & Anthony Pompliano have partnered up to bring Capital University to you. In this episode, Bryce and Pomp talk to.. This show is a new age business/entrepreneurship podcast, geared towards helping young entrepreneurs and influencers create long term wealth. Throughout the show, Pomp and Bryce will be discussing investing, business, social media, and much more. They will also be bringing on world-class entrepreneurs and business leaders to further the learning. Be sure to subscribe to the show, share the episode with your friends, and check out the show on YouTube for the full uncut video. Meet Renaud Laplanche, a French-American entrepreneur and business executive. He is the co-founder and CEO of the fintech company, Upgrade, Inc. Prior to founding the company, Laplanche co-founded and served for a decade as the CEO of Lending Club, an American peer-to-peer lending company.

Building Unicorns and Redefining Online Banking - Renaud Laplanche, Upgrade CEO/Co-Founder I sat down with Renaud Laplanche, co-founder and CEO of Upgrade, a neobank that offers affordable and responsible credit to mainstream consumers. Since inception in 2017, Upgrade has surpassed $100 million in revenue run rate and a billion-dollar valuation. The company is backed by some of the best VCs in the industry and has raised over $200M dollars in debt and equity, including Mouro Capital, Ribbit Capital, Union Square Ventures, FirstMark Capital, CreditEase, and many more. Prior to Upgrade, Renaud founded and ran Lending Club, a company that pioneered consumer fintech and that he took public in December 2014 at a 10B dollar valuation. There’s no doubt Renaud and Lending Club inspired a generation of fintech founders around the world and countless of fintech founders repeatedly cite Lending Club as an inspiration for their companies. Renaud is also in a select and exclusive club of founders that have started not one, but two unicorns. Listen to the full interview --> Spotify | Soundcloud | Apple Podcasts Renaud Laplanche Renaud is the co-founder and CEO of Upgrade, Inc. a neobank that offers affordable and responsible credit to mainstream consumers. Under his leadership, Upgrade reached $100 million in revenue run rate, profitability and a billion-dollar valuation within 3 years of launch. Upgrade is the only neobank backed by one of the world’s top 10 largest banks. Prior to Upgrade, Renaud founded and ran Lending Club for 10 years. He took the company public, reaching a market capitalization of $10 billion in December 2014. At Lending Club, Renaud pioneered consumer fintech and grew the company to become the largest provider of personal loans in America. Renaud was ranked #23 in Bloomberg Markets’ 2015 Most Influential List, an annual ranking of the World’s top 50 most influential leaders across technology, finance, and politics. He was also recognized at the Clinton Global Initiative by President Clinton for expanding access to affordable and responsible credit. In 2014, he won the Economist Innovation Award in the consumer products category and was named the "best start-up CEO to work for" by Business Insider. Renaud was named “Fintech Executive of the Year” by Finovate in 2020. He also holds the Newport-Bermuda world speed sailing record. About Upgrade Upgrade is a neobank that offers affordable and responsible credit to mainstream consumers through personal loans and cards, together with credit monitoring and education tools that help consumers better understand and manage their money. Over $3.5 billion in loans and cards have been originated by the Upgrade platform since inception in 2017. Upgrade is headquartered in San Francisco, California, with an operations center in Phoenix, Arizona, and a technology center in Montreal, Canada. Personal Credit Lines are issued by Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC, Equal Housing Lender. Upgrade Card is issued by Sutton Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Rewards associated with the Upgrade Card, when applicable, are provided by Upgrade, Inc. More information is available at: https://www.upgrade.com. Wharton Fintech https://www.whartonfintech.org/ | https://twitter.com/whartonfintech | https://www.linkedin.com/company/wharton-fintech-club Miguel Armaza https://www.linkedin.com/in/armaza/ | https://twitter.com/MiguelArmaza

Renaud was one of our earliest guests on Barefoot Innovation when he was CEO of Lending Club, and I’m so happy to have him back today in his new role as CEO and co-founder of Upgrade. I wanted to talk with him about Upgrade, and also to get his thoughts about how the fintech sector has evolved since those days. Upgrade is a neobank with a novel strategy that uses the appeal of credit products to attract customers, and then offers more services. It aims to move borrowers off of revolving credit and into loans that people can successfully pay off, incentivizing good consumer financial behavior and discipline. In our conversation, Renaud notes that despite all the innovation in the lending world, consumers still have massive credit balances outstanding in high-interest debt products -- a consumer burden that he thinks shouldn’t exist anymore, now that better products are available.

Welcome to the Tearsheet Podcast. I’m Zack Miller. When we launched our podcast 10 years ago, one of our first guests was a French entrepreneur living in San Francisco. He had a small but upwardly aspirational startup. Renaud Laplanche’s Lending Club ended up becoming a major player in fintech as a public company and a force in the marketplace lending arena. Now, Laplanche is back for more. He’s the CEO of Upgrade, a new challenger bank that was built with lending at its heart. He joins me on the podcast to talk about the genesis story of Upgrade and how so much of his experience launching and growing LendingClub informs Upgrade’s products and positioning. We discuss how the current COVID-19 crisis is impacting the industry for both incumbents and upstarts and how Upgrade’s new products — a contactless credit card that has built in pay-over-time features — play into today’s market dynamics. Renaud Laplanche is my guest today on the Tearsheet Podcast.

The post E987: The Next Unicorns: Upgrade CEO & Co-founder Renaud Laplanche is empowering users to better understand credit through his consumer credit platform, announces the Upgrade Card, shares insights on taking LendingClub public & how startups have changed since he started his first company in 2000 – E6 of 10-ep miniseries appeared first on This Week In Startups.

The post E987: The Next Unicorns: Upgrade CEO & Co-founder Renaud Laplanche is empowering users to better understand credit through his consumer credit platform, announces the Upgrade Card, shares insights on taking LendingClub public & how startups have changed since he started his first company in 2000 – E6 of 10-ep miniseries appeared first on This Week In Startups.

Renaud Laplanche, Co-Founder & CEO of Upgrade, talks about the future of the credit score, and what he really thinks about credit cards with Penny Crosman from American Banker.

Renaud Laplanche spent ten years building LendingClub. In the process, he created an industry from scratch. Circumventing conventional banking channels for consumer credit began in 1996 when Chris Larsen started E-LOAN, which ultimately led to Prosper Marketplace. But LendingClub, which Laplanche founded in 2007, was and remains the poster child for the business of marketplace lending.

Online Lending 2.0 – The Next Chapter of Online Lending Product Innovation Renaud Laplanche, Upgrade

Lending Club has endured some very public challenges this year as we all know. But the company has rebounded from the lows they experienced after the resignation of the founder, Renaud Laplanche, and they are building again for the future. The new CEO, Scott Sanborn, has rebuilt his executive team with many new faces from traditional financial […] The post Podcast 76: Scott Sanborn of Lending Club appeared first on Lend Academy.

Lending Club has endured some very public challenges this year as we all know. But the company has rebounded from the lows they experienced after the resignation of the founder, Renaud Laplanche, and they are building again for the future. The new CEO, Scott Sanborn, has rebuilt his executive team with many new faces from traditional financial […] The post Podcast 76: Scott Sanborn of Lending Club appeared first on Lend Academy.

Shares in Lending Club plunged on Monday when the company announced that chairman and chief executive Renaud Laplanche would step down amid allegations of a lapse in business practices. The FT's Ben McLannahan and Alistair Gray discuss the potential ripple effects for the industry. Music by Kevin MacLeod. See acast.com/privacy for privacy and opt-out information.

Lending Club CEO Renaud Laplanche talks with Kara Swisher about the benefits of online financial services in a world that no longer needs old-fashioned bank branches. He also explains why Lending Club's stock has been slipping for two years and is currently at half its IPO share price. Plus: Why the venture capitalist honeymoon with private financial tech companies might be ending and why Laplanche is bracing for a general market downturn. Learn more about your ad choices. Visit megaphone.fm/adchoices

I am absolutely delighted to share today's episode -- my conversation with Michael Barr. Most of our listeners know Michael as the former Assistant Treasury Secretary for Financial Institutions who shepherded the Obama administration's efforts on the Dodd-Frank financial reform law. Fewer people may know of his role in developing the proposal for, and negotiating the enactment of, the Consumer Financial Protection Bureau, which is when I got to know him.  He is now back at the University of Michigan (my own alma mater) as a law professor, and continues to be very active across a wide spectrum of consumer finance and financial regulation activities, and also on lending to small businesses. Michael has thought hard about the toughest challenges in consumer finance, drawing on both his government experience and his academic activities (among other things, he's a Rhodes Scholar). He also works extensively with innovators and nonprofits. In our conversation he offers insights on some of the most critical topics facing consumer finance. Perhaps the most central principle driving his ideas is behavioral economics - coming to grips with the reality that consumers are not perfectly rational, and don't have perfect information, in making financial decisions. "We ought to design both products and policy around the way human beings actually make decisions and behave," Michael tells me. See below for links to his research on this, including his paper "Behaviorally-Informed Regulation." One result of his behavioral focus is a refreshing readiness to rethink consumer financial education. At one point he says, "just as we couldn't explain how our smartphones operate," financial consumers don't necessarily need to know how financial products are designed, in order to use them effectively. He thinks, as I do, that today's technology can create simple new tools that nearly anyone can use, whether they have a sophisticated financial education, or not. Another issue he raises is his involvement in developing the "small business borrowers' bill of rights" (see our earlier podcast discussing this with Brian Graham of BancAlliance). There is growing concern that online small business lending is creating borrower risks as well as opportunities, especially as America shifts toward the so-called 1099 economy and more people run small businesses in ways that closely parallel consumer finance. Michael also explores the challenge of crafting regulation that enables innovation while still blocking harm. He says regulators sometimes allow harmful practices to emerge and grow until they hit a "tipping point," at which point they drive industry standards so low that good companies can't survive without adopting activities they would rather avoid.  I agree with him that this is a key challenge, especially as innovation accelerates.  If regulators intervene too early and aggressively, we'll have the government designing our financial products, instead of the market doing so.  On the other hand, if they are too passive or too late in addressing really harmful practices - especially if they wait until after that tipping point has actually tipped - they will fail to protect large numbers of people from harm, and they may also find it difficult to act.  Once products are widespread, there are strong political forces ready to defend them, as well as practical problems with potential regulatory impacts on businesses and sometimes even the financial system itself. I asked Michael for his advice about these kinds of challenges, for all the players in this ecosystem. I think you'll find his answers really interesting, including some thoughts he shares about the logic behind the design of the CFPB. I also asked him whether we might be moving toward a fundamentally new market model, in which technology-driven transparency will require financial companies to compete mostly on winning and keeping people's trust. His answer to that is thought-provoking, too. Michael was Assistant Secretary of the Treasury for Financial Institutions from 2009-2010. He previously served as Treasury Secretary Robert Rubin's Special Assistant, as Deputy Assistant Secretary of the Treasury for Community Development Policy, as Special Advisor to President Bill Clinton, as Special Advisor and Counselor on the Policy Planning Staff at the State Department, and as a law clerk to U.S. Supreme Court Justice David H. Souter.  He received his J.D. from Yale Law School, an M. Phil in International Relations from Magdalen College, Oxford University as a Rhodes Scholar, and his B.A., summa cum laude, with Honors in History, from Yale University. His activities today include serving on the boards of Lending Club (in Episode 5 we interviewed CEO Renaud LaPlanche) and Ripple, as well as ideas42, a behavioral economics research and development lab. He's on the FDIC Advisory Committee on Economic Inclusion and the Washington Center for Equitable Growth. He's on the advisory board of CFSI and has advised its U.S. Financial Diaries Project (see our interview with Jennifer Tescher of CFSI for more). He is also a fellow at the Filene Research Institute. In his current role as Roy F. and Jean Humphrey Proffitt Professor of Law at the University of Michigan Law School, Michael teaches courses in domestic and international financial regulation. He's also been instrumental in forming the University of Michigan's Center on Finance, Law and Policy, which integrates finance, law, business, and computer science to work on difficult problems facing the world, including how to make the financial system fairer and safer. I highly encourage you to peruse his faculty website to find more resources. Below you can find links to works referenced in the episode: Small Business Borrowers' Bill of Rights Michael's latest book "No Slack: The Financial Lives of Low-Income Americans" Hamilton Project paper on increasing access to capital for minority and women entrepreneurs Michael's paper on Behaviorally Informed Regulation co-authored with Sendhil Mullainathan, Harvard University and Eldar Shafir, Princeton University And here is the site of the FDIC's Advisory Committee on Economic Inclusion                  Enjoy my conversation with Michael Barr! If you enjoy our work to bring together thought provoking ideas and people please consider a contribution to support the site. Donate Please subscribe to the podcast by opening your favorite podcast app and searching for "Jo Ann Barefoot", or in iTunes.    

Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes

Since we last had Renaud Laplanche, the CEO and founder of Lending Club, on the Lend Academy Podcast in the summer of 2014 a lot has happened. Lending Club has gone public and they have grown to a scale where they are now issuing billions of dollars in new loans every quarter. In our first podcast […] The post Podcast 54: Renaud Laplanche of Lending Club appeared first on Lend Academy.

Since we last had Renaud Laplanche, the CEO and founder of Lending Club, on the Lend Academy Podcast in the summer of 2014 a lot has happened. Lending Club has gone public and they have grown to a scale where they are now issuing billions of dollars in new loans every quarter. In our first podcast […] The post Podcast 54: Renaud Laplanche of Lending Club appeared first on Lend Academy.

This episode takes us fully into grappling with how innovation is impacting community banks and how to respond, through a conversation with one of the most thoughtful and thought-provoking people in the field. The community bank is a unique feature of the U.S. financial system, and Brian Graham, CEO of Alliance Partners, is both one of its most eloquent advocates and an innovator with new ideas on how small banks can compete in the digital age.  In 2011, he and his colleagues founded BancAlliance as a collaborative solution that enables community banks to access attractive lending markets typically dominated by larger banks, through use of a shared lending platform. The mission is to empower member banks to diversify prudently into high-quality loans that meet all commercial and regulatory standards – without changing the nature of the community bank. Brian’s team initially focused on large commercial loans. Then, in February of this year, they expanded to consumer credit with the announcements that BancAlliance would partner with Lending Club to enable member banks to offer co-branded personal loans to their customers through Lending Club’s online platform. The program gives community banks and their customers access to the benefits of the Lending Club’s low cost of operations, paired with the banks’ low cost of capital, to help drive down the cost of credit for consumers., The Wall Street Journal noted that, even after Lending Club’s partnerships with Alibaba and Google, the arrangement with BancAlliance might be its “biggest one yet.” CEO of Lending Club, Renaud Laplanche (whom I interviewed in Episode 5), said, “Community banks are the lifeblood of American communities. This program will help them level the playing field with national banks by offering affordable, consumer-friendly loans to their customers. We’re excited to make Lending Club’s low cost of operations available to community banks, for the greater benefit of their customers.” BancAlliance’s network includes over 200 banks in 39 states, with assets ranging from $200 million to $10 billion. In aggregate, BancAlliance would rank fourth in branch count among all U.S. banks and 14th in assets. I have been a longtime optimist about the future of community banks, until the last few years. Small banks today face the twin challenges of innovative technology and regulatory burden squeezing the industry’s business model from two directions at once. Brian’s vision offers a potential model for addressing both. In our conversation, Brian makes the case for the value of community banks; offers advice to them for thriving through technological disruption; and makes suggestions for regulators (including on “suitability). He also describes a proposed new “bill of rights” for small business borrowers – he’s been involved with a coalition working on this with the Aspen Institute. Brian also offers insights into how technology, after decades of favoring consolidation and large players, is suddenly creating advantages for small ones, through the unbundling of tech solutions and through unexpected developments like Square, transforming the small business lending market. Brian was previously a partner at Blue Ridge Capital Management, held various leadership positions at CapitalSource and Fannie Mae, and served in the government and investment-banking sectors. He holds a graduate degree from Harvard College and an MBA from Stanford University. It was a pleasure to host him at my former abode in Washington, DC -- the day before I began packing up to move to Boston for my new fellowship on Regulation Innovation at Harvard! It was a very fitting finale for my Washington days and a launch into my “year at the frontier” of fintech innovation. Enjoy the conversation, and as a bonus, click the following for The Small Borrowers’ Bill of Rights and an argument from the Aspen Institute on why we need one. Also, remember to watch my website for the Regulation Innovation video briefings on these same topics, coming soon! Please subscribe to the podcast by opening your favorite podcast app and searching for "Jo Ann Barefoot", or in iTunes. Sign up with your email address to receive news and updates. Email Address Sign Up We respect your privacy. Thank you!

Signature keynote address by Renaud Laplanche, Founder & CEO of Lending Club, at LendIt USA 2015.   Lending Club's CEO, Renaud Laplanche revealed a $150 million credit deal with Citigroup in the opening keynote of the LendIt USA conference as he timed his announcement with the opening of the Nasdaq in his keynote.     In a dynamic speech to a packed conference room, the award-winning entrepreneur outlined the 5 key benefits of the the online marketplace: affordability, enhanced customer experience, enhanced compliance/risk management, increased transparency and better credit delivery.   He also tantalised the audience with glimpses of the future of the credit marketplace. His red, 7-inch 'Concept Cube' combined all the technologies needed to facilitate easier online lending, including, wifi, scanner and storage.   Mr Laplanche closed his address with a bang as his ‘loan drone’ released hundreds of mini-dollar-bills over attendees.   LendIt USA is the world’s largest annual gathering of the online lending community. This year LendIt hosted the largest exhibition ever assembled in the P2P and online lending industry with every major platform from around the world, with 2,500 attendees. LendIt USA is the must-attend annual industry event.

Lending Club and its founder, Renaud Laplanche, rank high on nearly every list of fintech disruptors. They are the biggest player in “marketplace lending” – online matching of borrowers with people and institutions willing to lend to them. Marketplace lending (which has evolved from “peer-to-peer” or P2P lending as more institutions join in as funders) is one of the fastest growing innovations in consumer finance. In December, Lending Club did the largest U.S. tech IPO of 2014, at nearly $900 million. Their success is attracting interest from every direction. Last year they announced a partnership with Chinese tech giant Alibaba. At the same time, they are partnering with BancAlliance, to connect with its network of 200 community banks in 39 states.  Renaud is French-American. He has an MBA from HEC and London Business School and a JD from Montpellier University. He practiced law at Cleary Gottlieb Steen & Hamilton in New York and then founded the enterprise software company TripleHop Technologies, selling it to Oracle Corporation. In 2006, he began work on his disruptive ideas, leveraging his unusual combination of software, entrepreneurial and legal skills to create something truly different. Business Insider named Renaud the "best start-up CEO to work for,” and he won the Economist Innovation Award in the consumer products category in 2014. He lectures at Columbia Business School and is a member of the Young Presidents’ Organization. On top of all this, Renaud holds two world speed sailing records, including crossing the English Channel in 5 hours and 15 minutes just this spring  – Alas, this is a topic we didn’t have time to explore, but clearly it’s no coincidence. Renaud has been covered in leading publications like The Wall Street Journal, The New York Times, The Washington Post, USA Today, BusinessWeek and Barron’s and has been featured on CNBC, Bloomberg, ABC News, CBS News, and Fox Business News. We are delighted he could join us for Barefoot Innovation.

When we recorded this short episode with Susan Ehrlich, she was head of global credit for Amazon. She oversaw the Amazon Rewards Visa and Amazon Store Card in the U.S., as well as Amazon credit programs in Canada, United Kingdom, Germany, and Japan. Most of our conversation focused on this very unique perspective. Susan has since left Amazon to take on a diverse set of roles as a financial services director and investor. One is as Vice-Chairman of the Board of Directors for the Center for Financial Services Innovation (where I too serve on the board). She is also a director of BECU, the fourth largest credit union in the United States and largest in Washington State ($12B in assets and over 850,000 members). Susan has a long and remarkable track record as an executive scaling growth and leading turnarounds across a range of businesses in payments, retail, banking, and financial technology. She was President of Financial Services for both H&R Block Inc. and for Sears Holdings Corporation.  At H&R Block, she built the Emerald Card program into Consumer Reports' #2-rated prepaid card in the industry in 2013.  At Sears, she re-launched Kmart layaway—turning it into a $1 billion-plus business--and expanded the company’s credit partnerships, generating $9B+ in annual retail sales on the Sears Card. Her earlier career included developing and delivering payment and credit solutions for JP Morgan Chase, WaMu Card Services (Providian Financial), and Citibank.  American Banker magazine recognized Susan as one of the 25 Most Powerful Women in Finance three years in a row (2009-2011), and the Federal Reserve appointed her to its Consumer Advisory Council in Washington, DC. She holds a B.A. with honors in organizational behavior and management from Brown University and an M.B.A. from the Harvard Business School. Our photo of Susan duly reflects all this gravitas, but she’s also an avid golfer, traveler, and wine enthusiast -- she founded the Bruce Cass Wine Lab and Ehrlich Vineyards LLC in the San Francisco Bay area. When we sat down to talk it was Superbowl Sunday (long story on why this is posted so late), and she joined me fully bedecked in Seattle Seahawks attire, hat included. We had to cut our conversation short for the kickoff. The episode is only about fifteen minutes, and I think you’ll find it fascinating. One tidbit that intrigues me:  Amazon’s borrowers rate its credit services, publically, on the Amazon site – just like for a pair of shoes or a flat screen TV. Amazon actively learns from that feedback. Such high transparency must be a big motivator to fix issues that cause complaints. Enjoy my quick discussion with Susan Ehrlich!  You can find her at sehrlich23@gmail.com. And please also watch for Episode 5 next week, when our Barefoot Innovation guest will be Renaud LaPlanche, Founder and CEO of Lending Club. Please subscribe to my podcast by opening iTunes or your favorite podcast player and searching for "Jo Ann Barefoot". You can also subscribe to my mailing list on my front page at www.jsbarefoot.com

Scott Langmack has been around P2P lending almost since the beginning. He first met Lending Club founder and CEO, Renaud Laplanche, back in 2007 and he became one of the largest investors on the platform as well as an equity investor in 2008. He started the very first fund in the space back in 2009 […] The post Podcast 29: Scott Langmack on the Evolution of P2P Lending appeared first on Lend Academy.

Scott Langmack has been around P2P lending almost since the beginning. He first met Lending Club founder and CEO, Renaud Laplanche, back in 2007 and he became one of the largest investors on the platform as well as an equity investor in 2008. He started the very first fund in the space back in 2009 […] The post Podcast 29: Scott Langmack on the Evolution of P2P Lending appeared first on Lend Academy.

We have a very special guest for the 20th edition of the Lend Academy Podcast: Renaud Laplanche, the CEO and founder of Lending Club. I first met Renaud in the spring of 2011 just after Lending Club moved from Redwood City to downtown San Francisco. In those days Lending Club had about 50 people and […] The post Podcast 20: Renaud Laplanche, CEO and Founder of Lending Club appeared first on Lend Academy.

We have a very special guest for the 20th edition of the Lend Academy Podcast: Renaud Laplanche, the CEO and founder of Lending Club. I first met Renaud in the spring of 2011 just after Lending Club moved from Redwood City to downtown San Francisco. Back then Lending Club had about 50 people and a lot of extra space on the one floor they leased in that building. Back then, Lending Club was a company with a lot of potential and today they are realizing some of that potential.Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes

We have a very special guest for the 20th edition of the Lend Academy Podcast: Renaud Laplanche, the CEO and founder of Lending Club. I first met Renaud in the spring of 2011 just after Lending Club moved from Redwood City to downtown San Francisco. In those days Lending Club had about 50 people and […] The post Podcast 20: Renaud Laplanche, CEO and Founder of Lending Club appeared first on Lend Academy.

In 2012, Renaud Laplanche, founder and CEO of Lending Club, joined me on the Tradestreaming Podcast. So much has happened in the peer to peer lending space since then (including the fact that they no longer call it "peer to peer"): Lending Club just surpassed $4 billion in underwritings, rolled out business loans in addition to personal, and filed for IPO. Chief Marketing Officer, Scott Sanborn joins me, Zack Miller, on the Tradestreaming Podcast to discuss why investors are flocking to Lending Club and where his business will go in the near future. Visit our Sponsor OurCrowd is a better way to invest in startups. Identify and invest in the next Facebook, Google, and Apple on OurCrowd's investment platform of vetted and diligence of startup investment opportunities. Check out OurCrowd at www.ourcrowd.com ***Thanks for joining us on Tradestreaming Radio -- I'm very grateful for your time. It's awesome learning about these new tools and technologies together. If you're listening to this episode on iTunes, please give it a ranking and rating so that others know of the value you're finding in it. Thank you ahead of time.****

I have to admit: investing in peer to peer loans didn't initially appeal to me. I thought it would be hard to assess the risk in lending to individuals -- after all, that's what banks get paid the big bucks for, right? But 5 years after Lending Club launched its website, the firm has pioneered a whole industry, not just to say a new asset class. There have been over $1B in loans underwritten and investors like me are now using p2p loans as a core holding in the fixed income part of their portfolios. Founder Renaud Laplanche joins me on Tradestreaming Radio to talk about how the p2p loan industry cures some major inefficiencies in the market for capital, does a better job sizing up and personalizing risk, and how his firm and industry might just eat the banking system's future lunch. ***Thanks for joining us on Tradestreaming Radio -- I'm very grateful for your time. It's awesome learning about these new tools and technologies together. If you're listening to this episode on iTunes, please give it a ranking and rating so that others know of the value you're finding in it. Thank you ahead of time.****

Ce mardi 24 août, Jacques Creyssel, délégué général de la Fédération du Commerce et de la Distribution (FCD), a notamment abordé le bilan de l'été 2021 pour les commerces, et Renaud Laplanche, fondateur et PDG d'Upgrade (Ex-fondateur de Lending Club), est notamment revenu sur la valorisation de sa fintech, dans l'émission Le Grand Journal de l'Éco présentée par Hedwige Chevrillon.Support this podcast at — https://redcircle.com/le-grand-journal-de-leco/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Ce mardi 24 août, Jacques Creyssel, délégué général de la Fédération du Commerce et de la Distribution (FCD), Renaud Laplanche, fondateur et PDG d'Upgrade (Ex-fondateur de Lending Club), Pierre Pelouzet, médiateur des entreprises, Sylvain Maillard, député LREM de Paris et porte-parole du groupe LREM à l'Assemblée nationale, et Benjamin Morel, maître de conférences en Droit public à l'Université Paris II Panthéon-Assas, étaient les invités dans l'émission Le Grand Journal de l'Éco présentée par Hedwige Chevrillon.Support this podcast at — https://redcircle.com/le-grand-journal-de-leco/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy