Building modern digital lending across Capital One, Barclaycard, Funding Circle, and TRIVER, with TRIVER CEO Jerome Le Luel

Lex chats with Jerome Le Luel, founder and CEO of TRIVER -
 a London-based startup that uses open banking data and AI
to provide short-term working capital to SMEs. To kick off,
Jerome discusses the application of AI in fintech lending for
small businesses. He explains that traditional banks have
struggled to automate lending decisions for SMEs due to
regulatory constraints and manual underwriting processes.
However, with the emergence of open banking and the ability to
access transaction-level data, fintech companies like TRIVER can
use data science to automate underwriting decisions and provide
instant capital to small businesses. TRIVER's platform allows
SMEs to apply for short-term financing in a few clicks, using
bank data and credit bureau information to make lending
decisions. The capital comes from a combination of equity and
debt raised by TRIVER, and the company is also exploring
partnerships with non-financial institutions to embed its
technology and offer instant capital to their SME clients.


 


 


MENTIONED IN THE CONVERSATION


 


TRIVER's Website: https://bit.ly/3OiT1RN


Jerome's LinkedIn profile: https://bit.ly/3ubNWUz


 


Topics: Fintech, lending, SME, SME finance, Open Banking,
Underwriting, API


 


Companies: TRIVER, Funding Circle, Barclays, Barclaycard, Capital
One


 


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Twitter: https://twitter.com/LexSokolin


 


TIMESTAMPS


 


1’29: From analytics to innovation: Pioneering credit card
strategies in the UK with Capital One


 


4’13: Segmentation and innovation: How Capital One's early
customer insights revolutionized consumer finance


 


9’19: Scaling financial services: Lessons in clarity, efficiency,
and rigorous execution from Capital One's rapid growth


 


14’53: From challenger to major player: Navigating the shift to
large-scale operations in financial services at Barclaycard


 


18’59: Risk management in lending: Balancing uncertainty, reward,
and scaling in financial services


 


26’44: Innovating in Fintech: Leveraging flexibility and focus to
outpace traditional banking at Funding Circle and TRIVER


 


31’37: Entrepreneurship and innovation: The impact of
organizational culture and talent on Fintech advancements


 


33’53: Solving short-term SME finance challenges: TRIVER's
innovative approach leveraging data science and open banking


 


40’23: Real-time SME underwriting: Leveraging transaction data
and open banking for effective financial decisions at TRIVER


 


41’53: Empowering SMEs with instant capital: TRIVER's seamless
integration of tech, data, and finance for efficient working
capital solutions


 


46’02: The channels used to connect with Jerome & learn more
about TRIVER


Disclaimer here — this newsletter does not provide investment
advice and represents solely the views and opinions of FINTECH
BLUEPRINT LTD.


Contributors: Lex, Laurence, Matt, Farhad, Mike, Daniella


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