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← All postings · April 2022 thread
API Debt Facility for Fintechs
| Company | API Debt Facility for Fintechs |
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| Website | bit.ly ↗ |
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| Location | London, UK |
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| Salary | — |
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| Apply via | See posting |
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| Hiring notes | — |
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| Parsed locations | London, UK |
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| Regions | UK |
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| Posted by | ecap |
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| Posted | Apr 13, 2022 |
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| Source | View on Hacker News ↗ |
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Original posting
API Debt Facility for Fintechs | Founding team members | London, UK
I am building an API-first debt facility for Fintechs. Lending FinTechs can borrow funds to lend to their users in real time without ever needing to raise an external debt facility from funds. The concept builds on top of "Banking as a Service" platforms that allow fintechs to create and manage banking accounts and credit cards on behalf of their users. We will aim to make financial capital readily available for their business model on subscription basis.
The offering has been well received among early stage FinTechs in London (consumer loans, BNPL, car financing, invoice financing) and leading angel investors. I am now looking to bring on board talented founding team members to build the first iteration of the product. Get in touch: https://bit.ly/li_prof13