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Tuesday, October 23 • 9:00am - 9:30am
Prime (and Non-Prime) Time for Online Lending

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About two-thirds of Americans have either no credit score, or scores below 700. And 44% percent don’t have $400 saved for an emergency. So what happens when an emergency strikes? Far too often, people are forced to turn to predatory lenders that have extremely high interest rates. Where is the fair, responsible, affordable credit for non-prime Americans? Who is innovating on their behalf? On the other hand, the future of online and marketplace lending is bright, with leading companies continuing to push the boundaries on customer experience, credit models and forging partnerships with traditional finance. Join a lively conversation with the chief executives of Elevate and Prosper on the nuances of effectively serving the credit needs of all consumers, across the credit spectrum.

Moderator
avatar for Jenny Surane

Jenny Surane

Finance Reporter, Bloomberg
Jenny Surane is a finance reporter at Bloomberg News in New York. She covers the major payment companies and trends in the fintech space, as well as Citigroup Inc. and large regional banks.

Speakers
avatar for David Kimball

David Kimball

CEO, Prosper
As Chief Executive Officer of Prosper Marketplace, David oversees the company’s vision, overall operations, and performance. David joined the company in March 2016 as Chief Financial Officer, and was named CEO in December 2016. David brings more than 20 years of financial management... Read More →
avatar for Ken Rees

Ken Rees

CEO, Elevate
Ken Rees is the CEO of Elevate, a fintech leader using technology and advanced analytics to disrupt the nonprime lending space. Elevate’s innovative online products have provided $5.9 billion in credit to 2 million customers and are helping them build a brighter financial future... Read More →


Tuesday October 23, 2018 9:00am - 9:30am
Future Forum at Bellini Ballroom, Level 2