SAN FRANCISCO--(BUSINESS WIRE)--Elevate Credit, Inc. (“Elevate”), a leading tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced today that their Chief Executive Officer, Ken Rees, will address the audience at LendIt Fintech 2018 along with CNBC’s Ari Levy. The fireside chat will build an argument for non-prime lending as the hottest sector in fintech today, presenting opportunities that entrepreneurs, investors and banks may be missing.
“It’s time for fintech to step in and create innovation and opportunities for non-prime Americans, which today comprise more than two-thirds of the U.S. population,” said Rees. “By focusing on our customers’ needs, and on building the right kind of underwriting capabilities, we’ve been able to bring financial inclusion to 2 million people. Non-prime lending has long been dominated by predatory payday lenders; but now the fintech and banking communities have the ability to responsibly meet this significant market need.”
Rees will be joined by Levy, senior technology reporter at CNBC, who will lead the discussion through a variety of themes, including:
- How banks and fintech companies can partner to take advantage of the opportunity in non-prime lending
- What it takes to build winning products for non-prime consumers
- Predictions for the biggest areas of innovation in non-prime lending in 2018 and beyond
Additional details about Rees’s fireside chat are included below:
WHEN: Tuesday, April 10, 2018 – 2:50-3:10 p.m. PDT
WHERE: Consumer Lending Track, LendIt Conference, Moscone West, 800 Howard Street, San Francisco, CA 94103
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 $5.2 billion in credit to more than 1.9 million non-prime consumers to date and has saved its customers more than $3 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.