The Peel with Turner Novak

PhD to $100M Revenue: Rebuilding SMB Lending with AI | Sahill Poddar, Co-founder and CEO of Parafin

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Aug 1, 2025
Sahill Poddar, Co-founder and CEO of Parafin, transitioned from a career in particle physics at CERN to revolutionizing SMB lending with AI. He shares insights on overcoming the challenges of traditional banking for small businesses, particularly in the gig economy. Poddar discusses how data-driven solutions helped secure big names like DoorDash as clients. He also draws parallels between machine learning in physics and Fintech, emphasizing the importance of innovation and customer understanding in modern lending.
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INSIGHT

AI Revolutionizes SMB Lending

  • Small business lending struggles because many banks use personal credit scores, not business performance.
  • AI and machine learning enable credit based on actual business data, breaking traditional barriers.
INSIGHT

Avoid Direct SMB Lending Trap

  • Direct-to-small-business lending fails due to bad unit economics and adverse selection.
  • Partnering with platforms leverages trust and data for scalable, lower-cost lending.
ANECDOTE

PhD Discovering Higgs Boson

  • Sahill’s PhD research helped discover the Higgs boson particle at CERN’s Large Hadron Collider.
  • This work involved massive data analysis and machine learning to separate signal from noise.
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