In this episode, Hall welcomes Nish Krishna, CEO of Lend-Grow.
Headquartered in Reston, Virginia, Lend-Grow is a complete digital growth platform for local lenders. Lend-Grow aims to connect consumers with 1000+ local lenders that are often harder-to-find online and usually have better deals on loans. Lend-Grow was founded by executives that successfully built multi-billion dollar portfolios at both big banks and credit unions.
Lend-Grow’s platform consists of (i) RateBunni, a rate aggregator that has information on rate competitiveness and trends from 300+ local lenders, (ii) Lend-Grow marketplace to pre-qualify and route borrowers to local lenders in real-time, and (iii) Ask Lend-Grow recommendation engine to help local lenders take smart, data-driven decisions.
Nish has spent the past decade at both large banks (Capital One, E*Trade) and mid-sized ones (M&T Bank, PenFed Credit Union). At Capital One, Nish managed growth for a $600 million co-brand card business and $2.5 billion small business lending. Before starting Lend-Grow, Nish set up the Consumer Loans business at PenFed and grew this business to $1.2 billion in loans over two years. Nish is an MBA graduate from Darden Business School and an IIT alum.
Nish discusses investing in FinTech, broad trends in lending, challenges and opportunities for FinTech startups, and the thesis for Lend-Grow. He advises investors and entrepreneurs and shares resources for anyone interested in the fintech sector.
You can visit Lend-Grow at www.lendgrow.com.
Nish can be contacted via LinkedIn at www.linkedin.com/in/nishithkrishna/ and via email at firstname.lastname@example.org.
For a full transcript, click here.
Copyright (c) 2020, Hall Martin and investorconnect.org. All rights reserved.
Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.