What Do Successful FinTechs Have In Common?

See 11/12/15 video from Lendit USA 2015 Closing Keynote

by Ron Suber, President of Prosper

 

Takeaways: 

3 things all successful FinTechs have in common:

– Capital, Product and Operations

 

Capital:

– Diversified

– Varied risk appetite

– Ready

– “Permanent”

 

Product:

– Acceptance

– Ease of use

– Meet the needs

– Customer experience

– Repeat business

– New products

– Varied customer acquisition

 

Operations:

– Underwriting

– Pricing

– Credit

– Servicing

– Verification

– Collections

– Predictability

– Repeatable

– Conversion

– Compliance

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Thanks, Ken

Ken Margolis | Managing Partner Castle Placement, LLC
1460 Broadway Street, Rte 400
New York, New York 10036
(212) 418-1188 | C: (516) 712-7784
kmargolis@castleplacement.com

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