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LendIt Europe 2016 Day 2
Following an eventful day 1 of LendIt Europe 2016, the second day stated with opening remarks by Peter Renton, CEO and Co-Founder of LendIt. Peter stated that one of the big standouts of the industry is the passion. How true.
The state of marketplace lending in the USA was discussed. As mentioned in day 1 marketplace lending in the USA has experiences a few difficulties over the last year. Goldman Sachs is rumoured to be launching a marketplace lending platform within the next month or so and the lower cost of capital could be advantageous.