LENDINGPOINT
“ OUR ALGORITHMS GIVE US ACCESS TO CREDIT THAT OTHER PEOPLE DON ’ T HAVE ACCESS TO AND WE ARE ABLE TO DO THIS PROFITABLY . THIS IS BIG NEWS IN THE FINTECH INDUSTRY WHERE MOST OF THE PLAYERS ARE NOT PROFITABLE ”
“ That trust becomes a two way street . So our customers want to stay with us longer , and trust us enough to have multiple financial products ,” said Kasibhalta who pointed LendingPoint is on an aggressive growth trajectory doubling originations this year .”
“ We focus heavily on how we talk to our consumers , how we treat our consumers , what their experiences are that they want to come back and do business with us . We treat our customers in a way in which we would like to be treated ourselves . That ’ s an important part of our core work ethic .”
Commenting on how their credit rating varies from FICO , Kasibhatla said : “ FICO is a look back , while we look forward and ask – ability versus intent to pay back . Our goal is to make sure we set up our customers for success , we don ’ t want them to overextend .
Long-term partnership with Trantor Kasibhatla commented on the value of their long-term partnership with Trantor - an IT consulting company that focuses on digital transformation - the company has been with LendingPoint since day one .
“ They have been an important part of our success and have worked across the company and built strong relationships throughout - they almost feel like an extension of LendingPoint . They work across marketing , legal , customer experience , product , and risk which allows them to understand our business goals . By being embedded in our processes they are able to become part of the extended ecosystem that we have here and help us solve the business problem .”
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