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A Mobile Approach to Online Lending panel at LendIt USA 2015 with Itzik Cohen, of Prosper Marketplace; Sun Lei, of 9F Bank; Greg Symons, of SocietyOne; and moderator Melissa Guzy, of Arbor Ventures. The panelists talk about the phenomenon that online lending is becoming a disruptive innovation and one that deserves serious consideration from varied stakeholders. Moreover, the rapidity and convenience of online lending means that price is no longer the decisive factor in choosing a lender. The ability to get a quick decision and apply for a loan at any time or anyplace trumps price. Moreover, a mobile approach usually is viewed as a marketing campaign tool for Chinese P2P companies. Furthermore, they are discussing about the threat of this new approach to the whole industry.
By LendIt ConferenceA Mobile Approach to Online Lending panel at LendIt USA 2015 with Itzik Cohen, of Prosper Marketplace; Sun Lei, of 9F Bank; Greg Symons, of SocietyOne; and moderator Melissa Guzy, of Arbor Ventures. The panelists talk about the phenomenon that online lending is becoming a disruptive innovation and one that deserves serious consideration from varied stakeholders. Moreover, the rapidity and convenience of online lending means that price is no longer the decisive factor in choosing a lender. The ability to get a quick decision and apply for a loan at any time or anyplace trumps price. Moreover, a mobile approach usually is viewed as a marketing campaign tool for Chinese P2P companies. Furthermore, they are discussing about the threat of this new approach to the whole industry.