#DEVIN RYAN JMP ARCHIVE#

LendingClub may not actually achieve the plans, intentions or expectations disclosed in forward-looking statements, and you should not place undue reliance on forward-looking statements. Factors that could cause actual results to differ materially from those contemplated by these forward-looking statements include those factors set forth in the section titled 'Risk Factors' in LendingClub's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, each as filed with the Securities and Exchange Commission, as well as in LendingClub's future filings made with the Securities and Exchange Commission. Some of the statements made during the event, including statements regarding LendingClub's planned or projected product offerings, performance and strategy, will be 'forward-looking statements.' The words 'anticipate,' 'believe,' 'estimate,' 'expect,' 'intend,' 'may,' 'outlook,' 'plan,' 'predict,' 'project,' 'will,' 'would' and similar expressions may identify forward-looking statements, although not all forward-looking statements contain these identifying words. For more information about LendingClub, visit. Since 2007, more than 3.5 million members have joined the Club to help reach their financial goals. Members can gain access to a broad range of financial products and services through a technology-driven platform, designed to help them pay less when borrowing and earn more when saving.

LendingClub Bank is the leading digital marketplace bank in the U.S. LendingClub Corporation (NYSE: LC) is the parent company of LendingClub Bank, National Association, Member FDIC.

#DEVIN RYAN JMP ARCHIVE#

Registration is required.Īn archive of the call will be available at under the News & Market Data menu in Events & Presentations. The panel will explore the evolution of artificial intelligence within financial technology, improvement in data collection through aggregators, new means of offering more customized and optimized financial recommendations, and the ways in which these changes are important for companies and their end consumers.Ī live webcast of the call will be available at. stock a month. It’s now $27 billion a month.Momen will also join JMP analyst Devin Ryan on a panel entitled, ' The Connected Financial Life' at 2:00 pm ET. It was a juicy opportunity for a lot of these people,” Eric Liu, head of research at Vanda Research, explained.Īccording to Vanda’s data, leading up to 2020, retail investors were net buying about $6 billion worth of U.S. “You saw the largest drawdown of the last decade. This explosion didn’t happen just because everyone was stuck at home. It started before the pandemic. In 2019 zero-fee trading became the norm. Brokers also made it easier to trade fractions of high-priced stocks instead of whole shares. And, then, stocks plunged at the beginning of the pandemic. Hollywood joined an estimated 10 million people who started trading stocks in 2020, a record, according to JMP Securities. The financial investment firm Charles Schwab recently surveyed these investors. Andrew D’Anna, a senior vice president at Schwab, said the survey found “the average age is younger, at about 35 versus 48 for existing investors in the survey, but a third are Gen X or above.” (Charles Schwab is a Marketplace underwriter.) “I always just thought it was a little bit more intense or harder to get into, but when my friend came back and showed me the app he was using, I saw how easy it was to actually do, so I started trading the next day,” he said. He started investing in stocks for the first time in June of last year. One of those stock market rookies is John Hollywood, a motorcycle salesman in Las Vegas. That is reflected in the way the market behaves these days, which is quite differently than a few years ago. They have pumped billion of dollars into the stock market.

Millions of people joined the ranks of stock investors for the first time in 2020.

Devin ryan jmp