Alexander Graubner-Müller, CEO of Kreditech, explains how the balance-sheet lending business uses debt facilities alongside equity to fund loan originations.
0:00 / 0:00exact quote · 0.1s
720p mp4 · rendered on demand · StarZero watermark
“So we have about thirty million in debt capital.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
“So, so on, on the upper end of the spectrum sort of like the loans that we underwrite are maximum like one month loans and those cost around 30% cost of credit.”
Alexander Graubner-MüllerDec 20, 2016▶ 10:43EP 514: $120M Raised, Helping 1m Consumers Get $100m+ In Credit Who Have No Other Choice with KreditTech CEO Alexander Graubner-Muller
Disclosure
Kreditech Assumes Low Double-Digit Default Rates on Loan Originations
“That's information that we usually don't share, but I mean, it's in the, I see it's in the low low double digits.”
Alexander Graubner-MüllerDec 20, 2016▶ 12:41EP 514: $120M Raised, Helping 1m Consumers Get $100m+ In Credit Who Have No Other Choice with KreditTech CEO Alexander Graubner-Muller
Insight
CEO Argues the Highest Cost of Credit Is Having No Access
“We think actually the highest cost of credit is actually not having any access to credit because Even, I mean, even, I mean, for some people, even if initially there's only, I mean, that type of credit option available, I mean, it's still, I mean, a significan…”
Alexander Graubner-MüllerDec 20, 2016▶ 14:18EP 514: $120M Raised, Helping 1m Consumers Get $100m+ In Credit Who Have No Other Choice with KreditTech CEO Alexander Graubner-Muller
Disclosure
Kreditech Uses Alternative Data and Machine Learning for Underwriting
“We have developed our own technology for doing the credit rating. And that technology very heavily uses alternative data and machine learning to build a credit rating also in the absence of credit bureau data.”
Alexander Graubner-MüllerDec 20, 2016▶ 2:29EP 514: $120M Raised, Helping 1m Consumers Get $100m+ In Credit Who Have No Other Choice with KreditTech CEO Alexander Graubner-Muller
AssertionNot checkable as stated
Kreditech Scores Underbanked Borrowers Excluded by Traditional Banks
“With our technology, we are for the first time ever actually able to provide a credit rating For those customers and actually enabling to do credit business with them.”
Alexander Graubner-MüllerDec 20, 2016▶ 3:52EP 514: $120M Raised, Helping 1m Consumers Get $100m+ In Credit Who Have No Other Choice with KreditTech CEO Alexander Graubner-Muller
Disclosure
Kreditech Takes Direct Credit Risk and Monetizes via Interest
“No, we're actually a lending company, so it means we like to I mean, take credit risk ourselves, and I mean, the way how we make make money is, I mean, the same way how every bank does money by charging an interest on the loans that we are that we are originat…”
Alexander Graubner-MüllerDec 20, 2016▶ 5:27EP 514: $120M Raised, Helping 1m Consumers Get $100m+ In Credit Who Have No Other Choice with KreditTech CEO Alexander Graubner-Muller
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 2,600 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.