Funding Circle’s Sam Hodges Comments On OnDeck/JPM Announcement (Video)December 2, 2015 | By: Sean Murray
Earlier today, Funding Circle’s Sam Hodges appeared on Bloomberg TV to discuss the new OnDeck/JPMorgan Chase announcement. Hodges said he believes its the first step towards many banks working with marketplace lenders and reminded the panel that in the UK, his company already does that.
He was then asked if such a tight relationship even makes sense given the overwhelming consumer sentiment against banks these days. Watch what the video and how he responds below:
Sean Murray is the founder of deBanked, an 11-year veteran of the merchant cash advance industry, a casual Lending Club and Prosper note investor, the co-founder of Daily Funder, an alternative lending speaker, consultant, writer, and enthusiast. Connect with me on LinkedIn or follow me on twitter.