Thought Leaders in Financial Technology: Sashi Narahari, CEO of HighRadius (Part 1)

Companies like Blackline, Bill.com, Anaplan all automate various CFO office functions. HighRadius is yet another excellent company automating a piece of the finance function.

Thought Leaders in Financial Technology: Jeff Zhou, CEO of Fig (Part 3)

Sramana Mitra: Given the situation that there’s 30 million people unemployed in America, it will take them a while to find their way back into the workforce. What would your risk model do when you apply that to this category of people? Are they not going to qualify for credit or is there a way?

Jeff Zhou: There’s a piece of this that is really important. It’s that contextual information. Nonprofits are on the ground. They have all sorts of services – immigration assistance, housing assistance, job training, etc. You name it, there is a nonprofit that has services like that.

Thought Leaders in Financial Technology: Jeff Zhou, CEO of Fig (Part 2)

Sramana Mitra: Tell me a bit about what kind of heuristics you are using in doing the credit scoring for subprime.

Jeff Zhou: One area that people are interested in is alternative data sources like social media. This is an area that I think is very difficult to tie to credit behavior when you’re comparing it to actual credit behavior.

Thought Leaders in Financial Technology: Jeff Zhou, CEO of Fig (Part 1)

Jeff discusses subprime lending as the number of consumers needing loans escalate exponentially in this post-COVID world.

Sramana Mitra: Let’s start by having you introduce yourself as well as the company.

Thought Leaders in Financial Technology: FundThrough CEO Steven Uster (Part 2)

Sramana Mitra: Can you talk more broadly about the space of invoice financing? What’s happening from a FinTech point of view?

Steven Uster: I’ll take a step back even before FinTech. When my grandfather used to sell coats, he would sell you a coat. You would give him a dollar and you’d walk away with the coat. Then over time, it would become, “Give me the coat, and I’ll give you the dollar in 10 days.”

Thought Leaders in Financial Technology: FundThrough CEO Steven Uster (Part 1)

This interview talks about the FinTech trends in invoice factoring.

Sramana Mitra: Let’s start by introducing our audience to yourself as well as FundThrough.

Steven Uster: I’m the Co-Founder and CEO of FundThrough. We are an invoice funding platform that bridges cash flow gaps for small businesses that invoice large customers and have to wait 30 to 90 days for those customers to pay them.

Thought Leaders in Financial Technology: EarnUp CEO Matthew Cooper and President Nadim Homsany (Part 4)

Matthew Cooper: Easing that burden to keep you compliant is big. There are some new regulations like the California privacy regulations which will make everybody’s lives much more painful.

Thought Leaders in Financial Technology: EarnUp CEO Matthew Cooper and President Nadim Homsany (Part 3)

Sramana Mitra: People who are paying their loans online is one type of usage. Do you have a sense of how many of these are using a consolidation app to manage their debt?

Matthew Cooper: To our knowledge, we are not familiar outside of the ones that Mint built. It’s a very small number. The only other application in this space was Prism. It was more generally focused on bills payment. That’s part of why we see a huge potential for changing where Americans interact with their loan.