Lending Club chief says market will thrive in 2017, signals more ABS

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Lending Club chief says market will thrive in 2017, signals more ABS

Online lending will thrive after withstanding a slew of bad press in 2016, said Scott Sanborn, president and chief executive of Lending Club, in a keynote address at LendIt USA 2017, while he also signalled more frequent issuance of ABS from the platform.

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