Bloomberg Business interviews 4 leading fintech entrepreneurs on their companies and their contributions to the fintech revolution. The interviewed entrepreneurs include, Scott Saunders (CEO of Payoff), Max Levchin (CEO of Affirm), Ram Ahluwalia (CEO of PeerIQ), and Eric Poirier (CEO of Addepar). Nice read
Q&As with Scott Saunders, Max Levchin, Ram Ahluwalia, and Eric Poirier Scott Saunders is the CEO of Payoff, which uses behavioral science to help individuals refinance their debt. —T.A. Q: Why wade into refinancing debts? A: The credit card companies and banks are perpetuating the cycle of debt. We’re reinventing lending from the perspective of wealth management. We actually want people to pay off their loans, and we don’t want them to get a second, third, or fourth loan from us. We want to help people cross the chasm from a borrower mentality to an investor mentality, and paying off high-interest-rate credit cards is the best investment they can make.
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