Building Responsible Alternative Lending Products - Paulo Passoni (SoftBank), Alejandro Correa (Rappi), David Green (Earnest), & Alex Kostecki (Clair)

This article is part of Fintech Leaders, a newsletter with over 32,000 dreamers, entrepreneurs, investors, and students of financial services. I invite you to share and sign up here!

In this episode, I bring you a recording of my live panel discussion at the MIT Fintech Conference. a Sloan student-run event, where I sat down with an eclectic group of fintech leaders, including:

• Paulo Passoni, Managing Partner @ SoftBank Latin America Fund

• David Green, CEO @ Earnest

• Alex Kostecki, Founder & COO @ Clair

• Alejandro Correa, Chief Artificial Intelligence Officer @ Rappi

We discuss:

• The promise of fintech. How is the industry doing on democratizing credit access for the underbanked?

• Avoiding biases. Challenges of building biased AI/ML (Artificial Intelligence and Machine Learning) algorithms and how companies are fixing this problem.

• The future of credit scoring. Interesting approaches and experimentation being done on this front and some ideas about the future of consumer credit scoring.

• Will crypto and blockchain technology empower consumers in emerging markets?

• Virtues and flaws of Buy Now Pay Later… and a lot more!

Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today’s global leaders that will dominate the 21st century in fintech, business, and beyond.

---

Previous Episodes You May Enjoy:

Eric Glyman, Ramp Co-Founder/CEO – From Zero to $4 Billion in 30 Months, The Future of Business Banking, & Why you need to Double Down on your Strengths and Hire for Your Weaknesses

General Atlantic’s Martín Escobari – Three Traits of the Best Entrepreneurs, 42 years of Global Investment Lessons & How the Regret Minimization Framework Changed his Life

Soraya Darabi, Co-Founder/General Partner at TMV – Backing Purpose-Driven Unicorns, Changing the Face of VC, & Why Investors Ignoring Diverse Founders are Missing out on Huge Returns

Paulo Passoni, SoftBank Latin America Managing Partner – Investing $8 Billion in 3 years, Navigating a Bear Market, & What SoftBank Looks for in Founding Teams

Jackie Reses and Lauren Weinberg, Self-Made Bosses - Tools And Advice For Helping Small Businesses Start, Run, And Grow

Balderton Capital General Partner, Rana Yared – Europe’s Massive Fintech Opportunity, Balderton’s Sustainable Future Goals, & Portfolio Reflections for VCs

Laura Spiekerman, Alloy Co-Founder & CRO – Building a Unicorn, Re-inventing Your Job Every 3-6 Months, and Finding Optimism in the Face of Adversity

---

Miguel Armaza is Co-Founder & Managing General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.