Rob Garcia

Sr. Director, Product Strategy, Lending Club

The Rise of Peer Lending: Extending Microlending to Creditworthy Borrowers in the US

Peer Lending has recently risen as a clear alternative and complement to traditional bank loans and microlending.  Lending Club eliminates the high cost and complexity of the current banking system, providing borrowers with loans at more attractive rates while offering investors an opportunity for better returns.

Rob Garcia has been creating innovative online commerce and financial products for more than 10 years. He joined the founders of Lending Club when it was just in its concept phase, and has been the force behind taking the concept to market. 

Thanks to Mr. Garcia's leadership, Lending Club's website has become a clear leader of the new wave of online financial communities, winning numerous prizes such as the Webby Award as best banking site last year, and earning Harvard Business Review's recognition as one of the top 20 breakthrough ideas of this year.

He holds a B.S. in Computer Science from Universidad Simon Bolivar, and an M.B.A. from Babson College.