Podcast Conversation: Building a $15B+ embedded loan management platform, with LoanPro CEO Rhett Roberts
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In this conversation, we chat with Rhett Roberts, the Co-Founder and CEO of LoanPro – a new breed of software company that is API-driven, cloud-native and easily scalable. Rhett and his co-founders created the company out of necessity when they ran an auto lending business as they could not find anything flexible enough to suit their own needs.
More specifically, we touch on all things around the lending industry, the auto lending industry and how everything there works, and of course, why LoanPro is such an awesome company, and so much more!
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…Our core thesis is that as financial services are democratized, everyone becomes a lender. And so, we've sort of painted our corner of the universe to be the tech step to enable anyone who wants to get into lending and allow them to stamp that up. So, our pricing model, our feature sets, the products, the core plus subscriptions, all of the things that are designed around that core concept be outlined, that we look at each customer as a partner of ours, and we grow with them. And so, our products, our features, our revenue, we're joining our customers and their journey of scaling and building out their financial products, similar to an embedded finance model but this really enables whoever they are to bolt on lending.
And we've seen a lot of interesting use cases happen here with maybe traditional finance companies, but more interestingly…