What is Angel Investing and How does it work?
“I have nothing new to teach the world.” (Mahatma Gandhi)P2P … AltScoring… CMS… Comparison Sites … Platforms… There is too much confusing terminology and business model “drift” surrounding the digital lending domain these days. Thus, I’ve decided to put together a series of articles to demystify the Digital Lending vertical of the Fintech industry. I hope … Continue reading Fintech Lending 101 Lesson 1- Defining The Digital Lending Value Chain by Greg Krasnov
“Shallow men believe in luck. Strong men believe in cause and effect.” (Ralph Waldo Emerson)Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. To understand origination, we need to introduce two additional concepts: “Channel” and “Front End.”“Channel” is a method used by a company to … Continue reading Fintech Lending 101 Lesson 2 – Client Origination in the Age of Digital Lending by Greg Krasnov
Imagine you are riding on the underground and you receive a text message: “Warning! Be careful! You are sitting next to an untrustworthy person.” Better yet – imagine the person sitting next to you receives such a message with your photo included.Chills down your spine? For sure. Real? Very. This is already happening in China.Technology has given … Continue reading Fintech Lending 101 Lesson 3 – Alternative Scoring – Friend or Foe? by Greg Krasnov
“Good morning Sir. This is Siri. I have a reminder from your bank that your loan payment of $356.89 is due tomorrow. Would you like me to make the payment for you?” – “Yes, Siri.” – “Thank you, Sir, your payment has been made.” Far-fetched? Not really. I believe that we are only 3-4 years … Continue reading Fintech Lending 101 Lesson 4 – “To bot or not to bot” – Ops and Collections in the age of AI by Greg Krasnov