The promise behind investing in private credit, with Percent CEO Nelson Chu

Lex chats with Nelson Chu, founder and CEO of Percent - the modern credit marketplace. Nelson kicks off the discussion b by walking through his inspiration for building the private credit marketplace and the challenges of operating in the fintech industry. He explains that Percent aims to provide a better alternative investment platform for credit investors by offering shorter durations and lower minimum investments. Nelson also discusses the importance of infrastructure in the private credit market and the need for technology to streamline processes. He highlights the different types of investors and borrowers that use Percent's platform and the challenges of building a three-sided marketplace. Nelson also touches on the impact of macroeconomic factors, such as interest rates, on the private credit market and the role of data and AI in the industry.
MENTIONED IN THE CONVERSATION
Percent's Website: bit.ly/3x3w8Mg
Nelson's LinkedIn: bit.ly/4a5Nwym
Topics: Private credit, lending, borrowers, underwriting, AI, artificial intelligence, investment, alternative investment, fintech, marketplace
Companies: Percent, Lending Club, LendIt, Prosper, Blackstone
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TIMESTAMPS
1’12: From FinTech Consulting to Revolutionizing Private Credit: The Genesis of Percent
4’33: Unveiling the Void: The Journey to Establishing Essential Infrastructure in Alternative Investments
6’55: Decoding Private Credit: Navigating Yields, Risk, and Investor Dynamics in Short-Duration Fixed Income
14’01: Investor Trends and Platform Evolution: The Shifting Terrain of Private Credit Investments
19’15: Building the Bridge: Crafting the Infrastructure to Power a Tripartite Financial Marketplace
26’15: Mastering Multi-Sided Markets: Strategies for Bootstrapping Borrowers, Investors, and Underwriters
31’26: Tech as the Catalyst: Navigating the Fusion of Traditional Finance and Innovative Infrastructure in Private Credit
36’49: Adapting to Shifts: The Impact of Changing Interest Rates on the Private Credit Landscape
40’16: Unlocking Potential with AI: How Proprietary Data Sets Are Shaping the Future of Finance
43’15: The channels used to connect with Nelson & learn more about Percent
Disclaimer here (www.fintechblueprint.com/disc...) - this newsletter does not provide investment advice and represents solely the views and opinions of FINTECH BLUEPRINT LTD.
Contributors: Lex ( / lexsokolin ) , Laurence ( / lesmith96 ) , Matt ( / matthewjameslow ) , Farhad ( / farhadhuseynli ) , Mike ( / michael-hurrell-823643171 ) , Daniella ( / daniella-seberini-273a... )
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