Скачать или смотреть Borrowers, Become Lenders -Solo Funds fosters long-term financial growth for underserved communities

In this episode of FinTech Confidential's Leaders One on One series; Rodney Williams, co-founder and president of Solo Funds, shares his experiences and views on the challenges and future of the financial technology industry. With a background in brand management at Procter & Gamble and experience in starting tech-driven companies like Listnr, Rodney offers valuable insight into the ever-changing fintech space.
This episode provides a detailed look at how Solo Funds is changing the way people think about lending. Through transparency, borrower control, and a focus on social impact, Rodney Williams and his team are working to reshape financial access for underserved communities.
It also highlights the broader challenges facing fintech, from regulatory obstacles to the high costs of innovation, and offers insights into how companies can overcome these barriers by staying focused on their mission.

Key Highlights
Why Are Fintech Founders Leaving for Netflix?
The Secret to Solo Funds' Borrower-Controlled Lending
How Solo Funds Outperforms the S&P 500
The Role of Transparency in Fintech Success
Why Regulators Struggle with Fintech
The Real Cost of Starting a Fintech Company
Why Solo Funds Is More Than a Lending Platform
What It Means to Be a Certified B Corp in Fintech
How Solo Funds Keeps Default Rates Low
Why Fintech Is Starving for Funding

Takeaways
1️⃣ Stop Letting Lenders Control the Loan Terms
2️⃣ Boosting Returns with Peer-to-Peer Lending
3️⃣ Tackle Regulatory Hurdles with Empathy
4️⃣ Cut Startup Costs by Planning for Compliance
5️⃣ Turning Borrowers into Lenders for Long-Term Growth

Links:
Rodney
LinkedIn Profile: www.linkedin.com/in/rodneybwilliams
Instagram: instagram.com/rodneybwilliams
X : https://x.com/rodneybwilliams
SoLo
Website: https://solofunds.com
LinkedIn: linkedin.com/company/solo-funds
Facebook: facebook.com/SoLoFundsInc
Instagram: instagram.com/solofunds
Fintech Confidential:
Listen: https://fintechconfidential.com/listen
Subscribe: https://fintechconfidential.com/access
LinkedIn:   / fintechconfidential  
Instagram:   / fintechconfidential  
Facebook:   / fintechconfidential  

Supporters
Under: Revolutionize merchant applications with digital transformation. Discover more at https://under.io/ftc
LoanPro: Enhance lending operations with LoanPro's modern core. Learn more at https://loanpro.io/demo
Skyflow, privacy platform trusted by leading financial institutions, to protect customers’ data. www.skyflowsecure.com
HAWK: Enhance compliance with real-time monitoring and advanced AI. https://gethawkai.com for better compliance.

Timestamps:
03:52 Rodney's Journey from Procter & Gamble to FinTech
05:01 Listnr: The Early FinTech Venture
09:08 Inspiration for Solo Funds
13:13 Lessons Learned
17:35 Solo's Mission & Impact
22:27 Transparency & Borrower Choice
24:41 Overcoming Skepticism
25:39 Empowering Borrowers
27:08 Navigating Regulatory Challenges in Fintech
32:41 The Cost of Starting a FinTech
38:34 B Corp Certification and Doing Good in Fintech
41:25 The Future of...
44:20 Why Purpose in FinTech
45:36 Final Thoughts

About:
Rodney Williams: Co-founder of SoLo Funds, Before founding SoLo, Rodney founded LISNR with over $40M in funding, numerous awards, and partnerships. Rodney’s career began at Procter & Gamble in brand management. He is a recipient of awards like Ad Age’s 40 Under 40, & Cannes Gold Lion award in 2015. Rodney is a graduate of West Virginia University, Howard University, alumni of the Henry Crown Fellows within the Aspen Institute Global Leadership Network.

SoLo: SoLo is the largest community finance platform in the US. Since 2018, surpassing 1M loans funded & redefined access to capital and returns for 1.5 million users. It is also the largest Black-owned personal finance app and the only Black-owned Fintech B-Corp that offers a peer-to-peer lending marketplace rooted in community, based on the idea of “people helping people.” SoLo continues its leadership, grounded in the hope and mission of building a community that enables financial autonomy for all.

Host:
Tedd Huff: Tedd Huff is the Co-Founder of Voalyre, and the President & Founder of Diamond D3, a professional services consulting firm focused on global payments and marketing. He is also a video podcast host and producer of Fintech Confidential.
Over the past 24 years, he has contributed to FinTech startups as an Advisory Board Member, Co-Founder, and Chief Experience Officer, providing strategic and tactical direction for Global Payments OpenEdge, Heartland Payments, Nuvei, and TSYS, among others, focusing on growth while delivering innovation, process improvements and user experience-driven value to simplify the complexity of payments.

Diamond D3, Media: A media creation, management, and production company delivering engaging content globally