Transforming markets that misunderstand and misprice risk
We believe financial services is just beginning to experience the transformative power of technology. Many basic processes remain untouched by modern technology. Only 1% of all loans in the world are made online. And yet, this is just the tip of the iceberg. We believe the real change will come when financial services organizations begin using technology and data to fundamentally rethink how risk is understood and priced.
To this end, we look for companies that:
- Create financial services products that better match the needs and creditworthiness of customers (SoFi, Ellevest, Mile Auto, Future Family, Figure)
- Increase financial inclusion (Zebit, Juntos, Landed, College Backer, MyMoneyKarma, RealBlocks)
- Use behavioral insights to help consumers develop more effective financial habits (EarnUp, Sparrow, Free Will)
- Companies that just change the game (Ping, Align17, Pando)