LendingClub: Financial Services or Technology Company?

The video discusses peer-to-peer lending, highlighting its advantages over traditional banking, such as reduced regulatory burdens and the ability to attract both retail and institutional investors. It explores the role of technology in disrupting financial services, comparing it to other innovations like Bitcoin and Uber. The conversation also touches on regulatory challenges and the importance of consumer protection. Finally, it provides insights into business operations and market dynamics, emphasizing the concept of creative destruction.

In what ways do peer to peer lenders differ from traditional lenders in terms of their target borrowers?

What role does technology play in the growth of peer to peer lending?