Lending Club CEO Renaud Laplanche spoke with The Street recently about Lending Club’s growth and long-term goals as a platform. He didn’t shy away from the platform’s ultimate goal, which is to disrupt and bring increased efficiency to the banking sector. He also spoke briefly on the possibility of an eventual IPO for Lending Club. He believes that an IPO could be beneficial in a couple of key ways, namely in adding awareness and financial stability for the platform.
Be sure to check out our in-depth interview with Laplanche after watching the video.