Converting interest into clients - launch to scaling - Gerald Chappell, CEO & Co-founder of Fintern, Dr. Michelle He, COO & Co-founder of Fintern

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UKTN

Technology, Entrepreneur, Tech, Business, Hr, Sales, Uktech, Investing, Funding, Entrepreneurship, Marketing

5 • 6 Ratings

🗓️ 2 May 2022

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Gerald Chappell and Dr. Michelle He join us on the show this week, the co-founders of Fintern, who offer affordable loans based on more than just your credit score. On a mission to fix the consumer lending problem, Chappell and He get into what sets them apart in the lending market and how their loans are catered on an individual basis through technology that allows them to scan client spending. They talk about the importance of launching at the right time and the obstacles they faced in securing a licence. Chappell and He also open up on their experience in raising funds and scaling during a pandemic.

Transcript

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0:00.0	And I think we basically turned off the advertising before, like many months before launching,
0:10.0	because we were getting too many people signing up.
0:13.7	A lot of us give up a very, very senior role and a very good career projection in our previous
0:20.0	job to start something from scratch.
0:23.7	Our customers basically link their bank accounts to our system and we can download their bank
0:28.3	account transaction history. And what that allows us to do is kind of x-ray their finances
0:32.4	and build a real picture of them as a person. I have two guests on the show today, Michelle He and Gerald Chappelle, who are the co-founders
0:41.4	of FinTech startup, Fintern.
0:43.8	Fintern is on a mission to fix the consumer lending problem.
0:47.1	On the show today, we talk about launching at the right time, securing a license, funding and
0:52.5	scaling.
0:53.4	I'm your host Mark McDunner, and this is the UKTM podcast.
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1:45.3	I thought it would be interesting to have a conversation with you guys around Fintern and how you started because you're a company that's what, two years old now at this stage.
1:58.5	And you started right at the beginning of pretty much lockdown
2:04.3	and i'd love to get an understanding of what it was like for both of you because you know this is i'm
2:10.3	taking this is your first your first company your first startup um correct me if i'm wrong but you probably
	...

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