Anthony Noto
speaker
61 appearances
1 recordings
1 series
first heard Apr 2026
last heard 29 Apr
Anthony Noto’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Apr 2026 with 1.
Appearances
The concerns about private credit are really not relative uh, you know, abroad.
Appropriate for our business, our partners in the loan platform business are buying consumer unsecured loans from us, not financing companies uh with corporate debt.
Your
Sure, we're not seeing any economic headwinds for our consumer.
As you mentioned, they're younger, they're massive fluent.
Uh we saw very strong trends in spending through our debit exchange uh interchange revenue.
We also saw strong trends in investing, or investing business doubled on a year-v-year basis.
And we're also seeing strong trends and performance in our credit card.
Um so as we think about the breadth of our businesses and the activity that we see.
We're seeing no slowdown in consumer spending, consumers ability to to um deliver the obligations they have on their debt or their desire for more products like Invest.
So um no no issues whatsoever with with our underlying uh consumer or their profile.
I think the cur concerns about AI creating unemployment among white-collar w workers is a lot of hype we're not seeing in any of our businesses.
Um to be a top 10 financial institution, it's measured by market cap.
Um, we have seen a great uh increase in our in our valuation over the last eight years that I've been here.
When I arrived, our our capitalization was private, um, but the value of the company was in the on a common stock basis was in the two billion dollar range.
You know, we're now well over twenty billion dollars of market cap.
Um, and so we're on our way there.
We've made great progress in that area.
Eight years, we've taken our member base from sixty six hundred and fifty thousand members to fourteen point seven million this quarter, our revenue from about two hundred and fifty million dollars of revenue to last year over three point five billion, and on our way to five billion two thousand and twenty-six.
Um, but ultimately we'll measure it based on market capitalization.
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