The fintech revolution: what's next?
summary
Kabbage runs an automated lending platform that completes small‑business loan applications in 7 minutes average, issues $150,000 credit lines, and connects to hundreds of data sources to build behavioral models. The platform is licensed to banks including ING and Santander, undergoes FDIC audits, and serves 95% of customers without human contact while keeping a net promoter score near 69. Plans emphasize mobile identity signals and a broader data product; distributed‑ledger use is interesting but likely five years from mainstream bank adoption.
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chapters (8)
- 0:00Start
- 3:58What's Next for Fintech
- 5:03Advice for Investors That Were Looking To Deploy Money into Fintech
- 7:38The Lending Market
- 12:25Deal with the Constant Rejection
- 15:06Five Core Values
- 15:47What Would Your Team Say about Your Leadership Style
- 17:10What Does the Future Hold for You
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