30 Under 30 Europe 2023: The Young Founders Energizing The Stalled Worlds Of Finance And Fintech

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In 2020, ForbesUnder30 Europe lister and Plend cofounder Robert Pasco, 29, launched his personal loan company to lend cash to Millennials with low or no credit scores. He learned about the opportunity the hard way.

lot can change in a year, especially in the money game. After a high-flying 2022, the finance world is sputtering. The IPO market has dried up, frothy fintech valuations have deflated and the white-hot crypto and Web3 sectors face an ice age.prove that the fintech and investing industries are down but not out. These bold leaders are rethinking lending, championing shareholder rights and staking the next great startups..

With over-30 cofounder James Pursaill, Pasco created a lender that ditched traditional credit scores and instead used a new mix of indicators to offer cheaper loans to customers who would otherwise be charged high subprime interest rates. “We look at new data points such as what you earn, which industry you work in, how you spend your money and if you are paying your subscriptions on time,” says Pasco. Investors have given his new scoring system high scores.

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American Journalism is getting more and more mediocre by the day. It's less about real facts and more about PR agencies, ideology and identity.

In Asia we call that as loansharking.

His VC Pitch: 'It's like Uber but for loansharking'.

One day I will be featured in forbes30under30 this am sure. Working towards it

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