LAS VEGAS--(BUSINESS WIRE)--Ken Rees, Chief Executive Officer at Elevate, a leading tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, will speak on a panel at the Money 20/20 conference in Las Vegas on October 24, 2017. The panel will focus on the future of alternative lending, including fintech’s potential to partner with banks to create better outcomes for both parties. The panel will also tackle the challenges that alternative lenders face now, and how to use innovation and creative solutions to address them.
Elevate is an online lender that has originated $4.5 billion in credit to more than 1.7 million non-prime consumers. It has saved customers more than $2 billion versus the cost of payday loans.
It’s more important than ever for firms like Elevate to address the needs of credit-constrained Americans who need access to credit to make ends meet. These Americans, the “New Middle Class,” are doing their best to improve their financial lives, but can’t make progress due to a lack of access to necessary financial services. Elevate aims to address this problem, beginning with affordable and responsible credit products and financial health and literacy tools.
Mr. Rees will draw from Elevate’s experience working with the New Middle Class to share insights on how to create practical solutions for America’s most underserved consumers. Rees will be joined on the panel by representatives from SoFi, Upstart and Oakam.
Hosted in Las Vegas each year, Money 20/20 is the premier conference for the payments and fintech industries, with 11,000+ attendees from more than 4,500 companies expected at this year’s event. A global audience of leaders, including 1,700 CEOs and company presidents representing 85 countries will gather to network, explore business opportunities and raise awareness of their news and missions among their peers.
Additional details about Rees’s panel session are included below:
WHEN: Tuesday, October 24, 2017 at 3:10-4:00pm PT
If you are interested in speaking with Ken Rees, please contact: Jacqueline Gogel at firstname.lastname@example.org or +1 917 765 8720
Elevate (NYSE: ELVT) has originated $4.5 billion in credit to more than 1.7 million non-prime consumers to date and has saved its customers more than $2 billion versus the cost of payday loans. Its responsible, tech-enabled online credit solutions provide immediate relief to customers today and help them build a brighter financial future. The company is committed to rewarding borrowers’ good financial behavior with features like interest rates that can go down over time, free financial training and free credit monitoring. Elevate’s suite of groundbreaking credit products includes RISE, Elastic and Sunny. For more information, please visit http://www.elevate.com.