It's Not Magic, a Sixth Street podcast cover image

It's Not Magic, a Sixth Street podcast

Wemimo Abbey, Co-Founder and Co-CEO of Esusu

Jul 17, 2023
57:43
Why shouldn’t paying rent on time help you build your credit score?We sit down with Wemimo Abbey, Co-Founder and Co-CEO of Esusu, to discuss how he convinced credit ratings agencies, landlords, and renters to use Esusu to help build fuller credit profiles. Motivated by his family’s own experience when applying for a loan after immigrating to the U.S. from Nigeria, Wemimo developed a product that boosts credit scores and helps owners and property managers maximize returns, all while creating a win-win experience that is personal and equitable for both renters and landlords. After raising a $130 million Series B round in 2022, Esusu has become one of the few Black-owned companies to reach unicorn status in the U.S. Wemimo walks us through how the company is doing today, Esusu's remarkable beginnings, and the aspirations Wemimo has for the future.

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