Kevin Clark President Lendified DEBANKED CONNECT | JULY 25, 2019 | - - PowerPoint PPT Presentation
Kevin Clark President Lendified DEBANKED CONNECT | JULY 25, 2019 | - - PowerPoint PPT Presentation
Kevin Clark President Lendified DEBANKED CONNECT | JULY 25, 2019 | TORONTO, CANADA Canadian Lenders Association Our Mission Our Purpose To provide our members the tools to innovate To support the growth of financial technology lenders:
DEBANKED CONNECT | JULY 25, 2019 | TORONTO, CANADA
Canadian Lenders Association
- To support the growth of financial technology lenders:
- Exchange ideas
- Encourage principled and professional practices
- Educate and build awareness about innovative
lending
- Advocate for innovative lending
- To provide our members the tools to innovate
and grow and to foster safe and ethical lending practices.
Our Purpose Our Mission
DEBANKED CONNECT | JULY 25, 2019 | TORONTO, CANADA
Canadian Lenders Association
Report On Business, Globe & Mail – Monday July 22nd, 2019
DEBANKED CONNECT | JULY 25, 2019 | TORONTO, CANADA
Canadian Lenders Association
Founding Members (2016)
Lendified
Today's Membership Today's Board
- 45 Members
- Alternative Lenders
§ Commercial Lenders § Consumer Lenders
- Traditional Lenders
§ Leasing Companies § B-to-B-to-C Lenders
- Professional Services
§ Legal § Accounting
- 4 Alternative Commercial
Lenders
- 1 Traditional Lender
- 2 Consumer Lenders
- 3 Professional Services
(Legal/Accounting)
- 2 Independent Directors
Alterative / Innovative Lenders
- Kevin Clark, Chairperson
- Gary Fearnel/Amar Ahlawalia
- Jeff Mittelman
Traditional Lenders
- Gary Schwartz, Treasurer
- Jason Mullins, Vice Chair
Supporting Professional Services
- Kip Darchsel, Secretary
- Michael Burke, Secretary
- Other Related
Technology Companies
- Capital Providers
DEBANKED CONNECT | JULY 25, 2019 | TORONTO, CANADA
Canadian Lenders Association
Canadian SME Lending Addressable Market ‒ $5 B
TAM $33 B SAM $5 B SOM $250 MM
Total Available Market: $33 B
$33 B = SME loans requested annually
Serviceable Available Market: $5 B Excludes financing
serviced by large Canadian financial institutions
Serviceable Obtainable Market: $250 MM
5% market share of unmet demand
DEBANKED CONNECT | JULY 25, 2019 | TORONTO, CANADA
Canadian Lenders Association
(EY Global FinTech Adoption Index 2019)
Where Canada Stands on FinTech Adoption
DEBANKED CONNECT | JULY 25, 2019 | TORONTO, CANADA
Canadian Lenders Association FinTech within the Canadian Tech Ecosystem
DEBANKED CONNECT | JULY 25, 2019 | TORONTO, CANADA
Canadian Lenders Association
CLA Regular Events
The CLA seeks to provide its members with topical informational sessions, providing round table discussion formats or breakfast sessions etc. to keep members aware of current issues facing the fintech industry and lending in particular.
Q1 2018 – SmartBox Q3 2018 – Credit Scoring Q2 2019 – Open Data Q4 2019 – Venture Debt
DEBANKED CONNECT | JULY 25, 2019 | TORONTO, CANADA
Canadian Lenders Association
See media @ www.canadianlenderssummit.com
Bringing Thought Leadership Together www.canadianlenderssummit.com
DEBANKED CONNECT | JULY 25, 2019 | TORONTO, CANADA
Canadian Lenders Association
www.canadianlenderssummit.com
Join us on
- Nov. 20th @ MaRS
for the Lenders Summit Join us on
- Oct. 23th @ 111
for the Venture Debt
Hear from Canada’s largest tech lenders on what they look for in a deal, what keeps them up at night, and where the market is heading in 2020. The 3rd Annual lenders Summit continues to focus on tools, policies and fintech solutions that will provide measurable ROI in 2020.