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In this episode of Fundamental Fairness, we will uncover the top 3 Fintech industry trends that are expected to lead the conversation well into 2021 and beyond with Peter Renton, co-founder and Chairman of Lendit Fintech, Founder of Lend Academy. Peter Renton is the co-founder of LendIt Fintech, the leading news and educational resource for the Fintech industry. He has been writing about this industry since 2010 and he is the author and creator of the Lend Academy Podcast, the first and most popular podcast on lending and fintech innovation. He is considered one of the world's leading experts on marketplace lending and speaks regularly on the topic around the world.
Mike Cagney has built a reputation as one of the smartest people in all of fintech. His capacity to raise capital is unparalleled in our space but he is also a visionary who is tackling some of the biggest fintech challenges. Back for the third time on the Lend Academy Podcast, and his first time […] The post Podcast 276: Mike Cagney of Figure appeared first on Lend Academy.
The pandemic has touched all niches within lending but there has been a wide disparity on the impact on individual platforms. In the fix and flip lending space originations went to virtually zero fairly quickly and have been slowly climbing the last several months. Our next guest on the Lend Academy Podcast is Allen Shayanfekr, […] The post Podcast 267: Allen Shayanfekr of Sharestates appeared first on Lend Academy.
We have seen many companies in fintech branch out into adjacent areas of finance as they add product lines to bring more opportunities for their customers. But rarely, if ever, have we seen fintech companies look outside of finance completely when adding to their product mix. Our next guest on the Lend Academy Podcast is […] The post Podcast 263: Sergio Furio of Creditas appeared first on Lend Academy.
In fintech today many companies are expanding beyond their core product as they seek to serve their target market with more and better products. What we are seeing is companies embracing all forms of digital banking as they expand their focus. Our next guest on the Lend Academy Podcast is Andy Rachleff, the CEO and […] The post Podcast 260: Andy Rachleff of Wealthfront appeared first on Lend Academy.
The last financial crisis ushered in the Dodd-Frank Act and with that the Consumer Financial Protection Bureau (CFPB). The CFPB had a mandate to protect consumers from financial harm but it has not been without controversy. Our next guest on the Lend Academy Podcast is none other than Rich Cordray, the first Director of the […] The post Podcast 258: Rich Cordray, Former Head of the CFPB appeared first on Lend Academy.
The mortgage industry has been through a lot this year. From a liquidity crunch to booming demand to record low rates along with mandatory work from home orders and digital closings. Many mortgage lenders have struggled to adapt to this new normal amid record loan demand. Our next guest on the Lend Academy Podcast is […] The post Podcast 255: Vishal Garg of Better appeared first on Lend Academy.
In fintech today there is one company powering payments behind the scenes that few people had heard of until this past year. But they are the backbone behind 95% of digital banking activity today in this country. Our next guest on the Lend Academy Podcast is Clay Wilkes, the CEO of Galileo Financial Technologies. Through […] The post Podcast 254: Clay Wilkes of Galileo appeared first on Lend Academy.
Historically, sending wires is one of the more painful tasks that any business has to do. It has usually involved going to a physical bank branch, filling out paper forms and waiting while the banker processes the wire. Not surprisingly, fintech has attacked this inefficient process. Our next guest on the Lend Academy Podcast is […] The post Podcast 253: Marwan Forzley of Veem appeared first on Lend Academy.
Small business owners have always struggled to get access to capital. And while fintech has made a big difference, for many in the Latinx community it remains a serious struggle. This struggle is something the next guest on the Lend Academy Podcast knows all too well. Sean Salas is the CEO and Co-Founder of Camino […] The post Podcast 252: Sean Salas of Camino Financial appeared first on Lend Academy.
The small business lending space continues to focus on the Paycheck Protection Program. But as this program winds down, it is legislated to end on June 30, what happens next for the small business lenders? Our next guest on the Lend Academy Podcast is a fintech industry veteran. Rohit Arora is the CEO and Co-Founder […] The post Podcast 251: Rohit Arora of Biz2Credit appeared first on Lend Academy.
Raising capital for non-bank lenders is a time-intensive endeavor and the same could be said for investors deploying capital on these platforms. It would be better if there was an intermediary between these two parties that could make this whole process more efficient. Our next guest on the Lend Academy Podcast recognized this problem and […] The post Podcast 248: Jon Barlow of Finitive appeared first on Lend Academy.
There are many community banks around this country that have been a stalwart of their community for decades or even more than a century. Some are threatened by the rapid shift to digital, others are taking it in stride. Our next guest on the Lend Academy Podcast is Jill Castilla, the CEO of Citizens Bank […] The post Podcast 247: Jill Castilla of Citizens Bank of Edmond appeared first on Lend Academy.
The latest episode of the Lend Academy Podcast is a little different. Given that this is the launch week of LendIt Fintech Digital, I decided to bring together my two LendIt colleagues, Bo Brustkern (CEO and Co-Founder) and Todd Anderson (Chief Product Officer) to talk about our new offering. We have nearly 1,000 people who […] The post Podcast 246: Bo Brustkern and Todd Anderson on LendIt Fintech Digital appeared first on Lend Academy.
These are challenging times, particularly for lenders. There are no risk models that can predict what might happen not just over the next year but even over the next month. While every lending verticals is being impacted the effects are not being felt uniformly. The next guest on the Lend Academy Podcast is Ram Ahluwalia, […] The post Podcast 242: Ram Ahluwalia of PeerIQ appeared first on Lend Academy.
Many community banks have been having a difficult time in recent years as banking becomes ever more intertwined with technology. They don’t have big budgets to spend on tech but more importantly many leaders of community banks don’t have a technology-first mindset. Our next guest on the Lend Academy Podcast is David Reiling, the CEO […] The post Podcast 240: David Reiling of Sunrise Banks appeared first on Lend Academy.
While fintech in the developed world continues to flourish the most exciting growth is happening in emerging markets. For the first time many countries have a developed venture capital ecosystem which is leading to more fintech companies being funded than ever before. Our next guest on the Lend Academy Podcast is Monica Brand Engel, the […] The post Podcast 236: Monica Brand Engel of Quona Capital appeared first on Lend Academy.
I think the small dollar loan space is fascinating. When done responsibly it is a difficult business to execute well given the small amount of revenue generated with each transaction. It requires automation, good underwriting and efficient marketing. One of the leaders in this space is LendUp. The next guest on the Lend Academy Podcast […] The post Podcast 231: Anu Shultes of LendUp appeared first on Lend Academy.
This past decade has seen a huge amount of change in finance. We began the decade with a handful of startup companies beginning to apply new technology to finance and we ended with fintech becoming a major force. For our first show of the new decade, episode 228 of the Lend Academy Podcast, the CEO […] The post Podcast 228: Andrew Dix of Crowdfund Insider appeared first on Lend Academy.
It takes a certain kind of mindset for the leader of a small community bank to go all in on digital. Particularly back in 2012 before digital banking became the all the rage with massive funding rounds and millions of customers flocking to digital bank startups. Our next guest on the Lend Academy Podcast is […] The post Podcast 227: Mike Butler of Radius Bank appeared first on Lend Academy.
Online small business lending is becoming a mature industry with several established players. But it all began with OnDeck when they launched in 2007. The company has now provided over $12 billion in loans to customers throughout the United States, Australia and Canada. Our next guest on the Lend Academy Podcast, back for the third […] The post Podcast 225: Noah Breslow of OnDeck Capital appeared first on Lend Academy.
In Europe there are many options for retail investors looking to invest in loans. While regulations differ by country there are usually several options for individual investors to deploy their capital. And then there is Mintos which is in a class all by itself. Our next guest on the Lend Academy Podcast is Martins Sulte, […] The post Podcast 221: Martins Sulte of Mintos appeared first on Lend Academy.
There is a new breed of fintech company today that is adding customers by the millions by providing simple financial tools that people actually want and use. These are mobile-first offerings that have deep engagement with their loyal customer base. Our next guest on the Lend Academy Podcast is the CEO of possibly the fastest […] The post Podcast 217: Jason Wilk of Dave appeared first on Lend Academy.
For an industry to be taken seriously in Washington it needs a strong and vibrant trade association. The Marketplace Lending Association (MLA) was formed back in 2016 with LendingClub, Prosper and Funding Circle as its founding members. Our next guest on the Lend Academy Podcast is Nat Hoopes; he is the executive director of the […] The post Podcast 215: Nat Hoopes of the Marketplace Lending Association appeared first on Lend Academy.
When you think of cutting edge cryptocurrency technology you generally don’t associate it with small business lending. Even the new fintech lenders that are doing really innovative work in small business lending have tended to stay away from crypto. But our next guest on the Lend Academy Podcast has combined these two niches into a […] The post Podcast 210: Radko Albrecht of Bitbond appeared first on Lend Academy.
One of the things that has been lacking in the fintech space is an independent research organization that conducts deep dives into topics that would be of interest to regulators and lawmakers. We now have one such company and they have just completed their first research report. Our next guest on the Lend Academy Podcast […] The post Podcast 208: Melissa Koide of FinRegLab appeared first on Lend Academy.
The large credit bureaus do an excellent job of aggregating data and providing credit scores for the majority of the population. But there are still tens of millions of people who remain unscored and one credit bureau is doing their best to try to change that. My next guest on the Lend Academy Podcast is […] The post Podcast 205: Alex Lintner of Experian appeared first on Lend Academy.
The gig economy workforce is becoming larger all the time and is expected to become 50% of all workers by 2027. Yet the traditional financial system works best for the W-2 worker, someone who has a full time job. That obviously needs to change. Our next guest on the Lend Academy Podcast is someone who […] The post Podcast 191: Johnny Reinsch of Qwil appeared first on Lend Academy.
Small businesses are the backbone of this country and no one has done more to support them than our next guest on the Lend Academy Podcast. Karen Mills has been a venture capitalist for many years and was the head of the Small Business Administration in the Obama Administration from 2009-2013. So, she had a […] The post Podcast 190: Karen Mills of Harvard appeared first on Lend Academy.
The credit card space is ultra competitive. There are literally thousands of different card offerings for consumers today. It is a mature space but also one where that has not been a great deal of innovation, particularly when it comes to the non-prime consumer. Our next guest on the Lend Academy Podcast is Jason Gross, […] The post Podcast 189: Jason Gross of Petal appeared first on Lend Academy.
Artificial intelligence is one of the most hyped areas of technology today particularly when it comes to finance. But there are some companies using AI to really improve financial services today and our next guest on the Lend Academy Podcast is one such company. Zor Gorelov is the CEO and Co-Founder of Kasisto, the leading […] The post Podcast 188: Zor Gorelov of Kasisto appeared first on Lend Academy.
The student loan refinancing space didn’t exist 10 years ago. Now, with the outstanding total of student loans reaching $1.5 trillion, tens of billions of student loans have been refinanced in the past decade saving students hundreds of millions of dollars in interest. Our next guest on the Lend Academy Podcast is Susan Ehrlich, the […] The post Podcast 186: Susan Ehrlich of Earnest appeared first on Lend Academy.
Most fintech companies are focused on lending, payments, financial management or some kind of back office tech. There are very few companies focused on the income side of the equation, particularly when it comes to helping people maximize their earnings from a second job. Our next guest on the Lend Academy Podcast is Adam Roseman, […] The post Podcast 183: Adam Roseman of Steady appeared first on Lend Academy.
When it comes to applying for a loan, whether it be a mortgage, personal loan or auto loan there is pretty much an expectation that it will be a stressful experience. Our guest this week on the Lend Academy Podcast is trying hard to change that paradigm. Ken Lin is the co-founder and CEO of Credit Karma, this country’s leading financial services information site. While they have made their name providing consumers free credit scores and credit reports they do so much more than that today. More at credit-10.com
Consumers want control over their personal data, particularly their sensitive financial data but at the same time they want seamless integration when they connect their bank account to a budgeting or financial management tool. Making these two, often opposing wants, work is the job of our next guest on the Lend Academy Podcast. Lowell Putnam […] The post Podcast 179: Lowell Putnam of Quovo appeared first on Lend Academy.
Quickbooks has been synonymous with small business accounting for several decades now. But they recently launched Quickbooks Capital to provide their small business customers with an easy and transparent way to borrow money. Our next guest on the Lend Academy Podcast is Rania Succar. She was hired away from Google to head up this new […] The post Podcast 177: Rania Succar of Quickbooks Capital appeared first on Lend Academy.
Despite the growth of the personal loan business, and in particular debt consolidation loans, the total amount of outstanding credit card debt keeps rising and is now well over $1 trillion. We need more creative ways to solve this problem. Our next guest on the Lend Academy Podcast has taken a unique approach to credit […] The post Podcast 175: Jason Brown of Tally appeared first on Lend Academy.
The most downloaded episode of the Lend Academy Podcast in 2015 was my discussion with Kathryn Petralia, the Co-Founder and President of Kabbage. That was more than three years ago and a lot has changed at Kabbage and in the industry since then. Kabbage is one of the leading small business lenders in the country […] The post Podcast 174: Kathryn Petralia of Kabbage appeared first on Lend Academy.
There are many VC firms investing in fintech today but most are based in the US or Europe. Our next guest on the Lend Academy Podcast runs a different type of fund that has its origins in China. Anju Patwardhan is a Managing Director of the CreditEase Fintech Fund, which has quietly become one of […] The post Podcast 171: Anju Patwardhan of CreditEase Fintech Fund appeared first on Lend Academy.
I have said many times that regulators have a difficult job. They are not built for the fast changing world in which we live and they often struggle to deal with innovation, particularly in finance. Our next guest on the Lend Academy Podcast has been at the front lines of this struggle. Dan Quan arrived […] The post Podcast 170: Dan Quan, Formerly With the CFPB appeared first on Lend Academy.
We have come a long way in the past decade when it comes to innovation in financial services. But how is fintech truly improving the financial health of the average American? Not as much as it should be. Changing this situation is the mission of our next guest on the Lend Academy Podcast. Jennifer Tescher […] The post Podcast 169: Jennifer Tescher of CFSI appeared first on Lend Academy.
One of the largest verticals in all of lending is equipment finance. There is $1.1 trillion worth of equipment financed each year and yet only a tiny fraction of this number is financed in an all digital process. Our next guest on the Lend Academy Podcast has made it his mission to change that. Charles […] The post Podcast 167: Charles Anderson of Currency appeared first on Lend Academy.
When it comes to applying for a loan, whether it be a mortgage, personal loan or auto loan there is pretty much an expectation that it will be a stressful experience. Our guest this week on the Lend Academy Podcast is trying hard to change that paradigm. Ken Lin is the co-founder and CEO of […] The post Podcast 166: Ken Lin of Credit Karma appeared first on Lend Academy.
It is not news that consumers continue to take on more debt. Credit cards, student loans, personal loans, auto loans – total balances for most consumer loan categories are growing. What is somewhat lacking is advice on when more debt is actually too much debt. Our next guest on the Lend Academy Podcast is Joe […] The post Podcast 165: Joe Toms of Freedom Financial appeared first on Lend Academy.
All over the world there is still huge unmet demand when it comes to small business lending. Most banks are not yet back to the lending levels they were at before the financial crisis, particularly in the UK, despite the positive economy. This is what drives our next guest on the Lend Academy Podcast. Christoph […] The post Podcast 159: Christoph Rieche of iwoca appeared first on Lend Academy.
All over the world there is still huge unmet demand when it comes to small business lending. Most banks are not yet back to the lending levels they were at before the financial crisis, particularly in the UK, despite the positive economy. This is what drives our next guest on the Lend Academy Podcast. Christoph […] The post Podcast 159: Christoph Rieche of iwoca appeared first on Lend Academy.
Without question real estate is one of the hottest sectors in marketplace lending right now. We have gone from just a couple of platforms two years ago to nearly 100 today. And more seem to be launching every week.At the forefront of this movement is Realty Mogul. It was co-founded by Jilliene Helman less than two years ago but it has already become one of the leaders in this burgeoning new industry. Jilliene came on the Lend Academy Podcast to give investors a deeper understanding of not just her business but how and why real estate investing is becoming so popular.Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes
Session 16 of the Lend Academy Podcast features Charles Moldow, a partner at the venture capital firm Foundation Capital. His firm has made several equity investments in the p2p lending industry, the most notable of which is their investment in Lending Club last year alongside Google.He recently authored the popular white paper titled A Trillion Dollar Market By the People, For the People. We talk about this white paper and get Moldow's view on the industry and where it is headed.Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes
Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes
Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes