The Indian Startup Show Ep28: Vinay Mathews, Co-Founder & COO of Faircent on building India's Largest Peer To Peer Lending Marketplace.
The future of banking in India is changing! and in this week’s episode I chat to Vinay Mathews , Co-founder & COO of Faircent (@faircent1) - India's Largest Peer To Peer Lending Marketplace. This is a virtual marketplace that allows you to borrow and lend money directly, without having to go through the traditional financial intermediaries like banks, and with the estimated 50% of Indian population without bank accounts it's a credit starved market so it's no surprise they are doing really well!
We talk about what inspired him to do this , overcoming obstacles and current challenges . the current state of the lending marketplace in India to what the banks think of the concept. Vinay has over 20 years experience building online marketplaces, so shares his top tips on what first time founders should be focussing on and much more ..please enjoy the show!
in this conversation we also talk about
- The rules and regulations of the lending market
- What excites him most about this startup
- Overall vision of the company.
- Hiring & firing tips (Don’t get emotional!)
- Business heroes. He named his son after one of his heroes!
- His leadership style
- Critical milestones for the company.
And more!
Links
Website: http://www.faircent.com/
Twitter: @faircent1
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Hosted And Produced by Neil Patel
https://www.linkedin.com/today/author/neilpatel2
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Music by Punch Deck.