Funding Circle’s Sam Hodges Comments On OnDeck/JPM Announcement (Video)

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 President and Chief Editor of deBanked and the founder of the Broker Fair Conference. Connect with me on LinkedIn or follow me on twitter. You can view all future AltFinanceDaily events here.