If the attendance records at the third annual LendIt USA event are any indication, the online lending market has grown at a rapid pace. There were about 2,500 attendees at the US event this year, compared to 1,000 last year, and about 300 at the inaugural event in 2013. And Peter Renton, the founder of Lend Academy and host of LendIt events, made a presentation that underlined this growth.
Safety in numbers?
With 2,500 attendees at the third annual Lendit USA event, the online lending industry has reached a pivotal point. Already the leading participants are thinking about sustainability and risk.