LendUp

8 statements across 2 episodes · 6 bullish · 0 bearish · 2 people on the record · first statement Jun 17, 2016 by Sasha Orloff · said 18 times in 8 episodes since 2016 · across every show →

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brought up most by Harry Stebbings (13)

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2020 1 mention in 1 episode
2019 6 mentions in 1 episode
2018 2 mentions in 1 episode
2017 4 mentions in 2 episodes 2 per episode
2016 5 mentions in 3 episodes 2 per episode

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Everything said about LendUp, oldest first

Jun 17, 2016
Disclosure
Orloff: Took zero salary starting LendUp while wife funded living expenses
“I started when I was 35. I was in a place where I happened to be married and my wife had a job and she was very supportive given she was about to fund our living expenses when I was making zero money.”
Sasha Orloff Jun 17, 2016 ▶ 8:12 20VC: Raising $150m, Meeting Yuri Milner & Revolutionising Mobile Finance with Sasha Orloff @ LendUp
Jun 17, 2016
Assertion Partly supported
Orloff: US underbanked sector expands as shrinking middle class lacks financial bridges
“The United States is a very divided market between the banked, which is and the unbanked and then the sort of payday title pawn markets and there isn't this bridge between the worlds. That's a big and growing market given the shrinking middle class in the Unit…”
Sasha Orloff Jun 17, 2016 ▶ 14:13 20VC: Raising $150m, Meeting Yuri Milner & Revolutionising Mobile Finance with Sasha Orloff @ LendUp
Jun 17, 2016 bullish
Assertion Supported
Orloff: LendUp is the only US lender disbursing funds in 3.5 minutes
“We're the only lender in the United States where within three and a half minutes of not knowing anything about you right from your mobile phone, we can underwrite you, make a decision, and put money in your bank account.”
Sasha Orloff Jun 17, 2016 ▶ 16:29 20VC: Raising $150m, Meeting Yuri Milner & Revolutionising Mobile Finance with Sasha Orloff @ LendUp
Jun 17, 2016 bullish
Assertion Contradicted
Orloff: LendUp built the only direct Visa and MasterCard mobile integration
“We rebuilt the entire experience for credit card, and we're the only direct connection to Visa and MasterCard directly to your mobile phone.”
Sasha Orloff Jun 17, 2016 ▶ 16:58 20VC: Raising $150m, Meeting Yuri Milner & Revolutionising Mobile Finance with Sasha Orloff @ LendUp
Jun 17, 2016 positive
Assertion Not checkable as stated
Orloff: LendUp maintained double-digit monthly customer growth for four years
“But we've had double digit month on month customer growth for four years now.”
Sasha Orloff Jun 17, 2016 ▶ 22:21 20VC: Raising $150m, Meeting Yuri Milner & Revolutionising Mobile Finance with Sasha Orloff @ LendUp
Jun 17, 2016 positive
Assertion Not checkable as stated
Orloff: LendUp Has a Double-Digit Viral Growth Component
“And we have a double digit viral component to our business, which is, it's still mind blowing, but it's the most validating thing to think about.”
Sasha Orloff Jun 17, 2016 ▶ 22:33 20VC: Raising $150m, Meeting Yuri Milner & Revolutionising Mobile Finance with Sasha Orloff @ LendUp
Jun 17, 2016 positive
Assertion Partly supported
LendUp raised $150 million in January 2016
“LendUp raised an incredible hundred and fifty million dollars in January, 2016, according to the trusty PE Hub, from the likes of SV Angel, Yuri Milner, our friends at Sousa Ventures with Chad Byers, who I've got to thank for making the intro today, and then G…”
Harry Stebbings Jun 17, 2016 ▶ 0:27 20VC: Raising $150m, Meeting Yuri Milner & Revolutionising Mobile Finance with Sasha Orloff @ LendUp
Aug 24, 2016 positive
Assertion Partly supported
Susa Ventures Announces $50 Million Fund II
“Last week, they announced the raise of Fund Two, a new fifty million dollar fund, absolutely testament to the quality of Fund One, which included the likes of some incredible companies and former guests of the show, including List, Robinhood, LendUp, and many …”
Harry Stebbings Aug 24, 2016 ▶ 0:32 20VC: Why Raising A Fund Is Like Raising A $25m Seed Round with No Product & Why Not All LP Money Is Equal with Chad Byers, General Partner @ Susa Ventures
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