Wharton FinTech Podcast
Vishal Garg, Founder & CEO at Better - Making homeownership simpler, faster, and more accessible
Jan 18, 2023
Vishal Garg, Founder & CEO at Better, shares his belief in credit as a socio-economic equalizer and the inspiration behind Better. They discuss Better's unique marketplace model and Vishal's desire to change one professional decision. Explore the career journey in FinTech, the automation of mortgage approvals, the mortgage industry's overview and key stakeholders, Better's evolving revenue sources and customer segments, and the potential use of data analysis in decision-making processes.
41:32
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Quick takeaways
- Vishal Garg dropped out of Morgan Stanley to start the first online student loan company and later founded Better.com to make home ownership more affordable and accessible for all Americans.
- Better.com uses technology to automate the mortgage approval process, offering consumers a faster and easier experience by allowing them to get pre-approved in just three minutes.
Deep dives
Vishal's Journey as a Civil Entrepreneur
Vishal dropped out of the investment banking analyst program at Morgan Stanley to start the first online student loan company. He later founded Better.com with the goal of making home ownership cheaper, faster, and easier for all Americans. Vishal believes that credit is a social economic equalizer and aims to use fintech to lower the cost of credit.
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