One out of 4 Americans has a student loan, is a co-signer, or is affected by one in other ways. That’s roughly 45 million people. These are individuals like Bryan Harris, CEO and co-founder of SLOAN. He noticed that while it had gotten way easier to get paid (Zelle, Venmo, others), paying down a debt has remained very difficult as if debt collectors preferred it that way. Bryan had been looking for years for a company that would help him organize and pay down his student loan. He wasn’t able to find one, so he decided to start one himself - with a twist! Today, SLOAN is a financial technology platform that blends payment solutions and charitable giving to efficiently manage your student loans. Think Venmo meets GoFundMe. Listen to the 3 senior executives talk about what it took to turn this simple idea into a reality. Learn from their experience creating a fintech app. Hear how critical it is to iterate and refine your plans. How to run a shoestring operation with money from friends and family and how to overcome the difficulties of securing funding. About the importance of spending time on getting the foundation of your business 100% right. And why “Why?” is the most important question to ask when starting a company.
Links
https://www.facebook.com/SloanApp
https://www.linkedin.com/company/sloanapp/
Website for Services
This podcast was created by Sila and is hosted by Emmy-award winning broadcast journalist Katie Boer. Sila is a fintech software platform that provides payment infrastructure as a service, a business-critical element for companies whose software has to integrate with the US banking system and blockchain quickly, securely, and in full compliance with US regulations. To learn more visit silamoney.com. #PoweredbySila
Watch the video interviews of the show on our YouTube Channel and follow us at the links below:
Sila Twitter: https://twitter.com/SilaMoney
Sila LinkedIn: https://www.linkedin.com/company/silamoney/
Facebook: https://www.facebook.com/SilaMoney/
This podcast is produced by Rainbow Creative & Wild Boer Media with Matthew Jones as Senior Producer and Katie Boer as Producer, Editor, and Host. Find out more about how to create a podcast for you or your business at rainbowcreative.co
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