In this episode of Fintech Chatter, Dexter Cousins interviews Julian Fayad, CEO of LoanOptions.ai about the challenges and advantages of bootstrapping a fintech company from the ground up.
Having experienced the challenges first hand, Julian has built Synapses, an API Services Hub for Fintechs.
LoanOptions.ai aims to revolutionise the loan application process. Julian shares insights into how they’re using AI to build a mobile first loan application process.
Julian first appeared on the show in 2023. We chat about his progress and the lessons he has learned over the past two years. Julian also talks about the transition from a broking business to a technology-focused company, and the launch of Synapses, the API services hub for Fintech!
We also discuss the launch of HAILO and LoanOptions.ai, expansion into New Zealand and future plans for market expansion into the US and UAE.
Find out more: https://loanoptions.ai
00:00 The Bootstrap Journey of a Fintech Founder
02:12 Innovating the Loan Application Process
10:45 Transitioning from Broking to Technology
18:04 Launching New Products and Partnerships
25:49 Building an API Services Hub for Fintechs
26:48 Navigating B2B Partnerships and SaaS Pricing Strategies
32:05 Transitioning from Brokerage to Tech: Lessons Learned
35:21 Building a Cohesive Team and Company Culture
39:47 Innovative Talent Acquisition Strategies
41:45 Valuable Lessons in Business Partnerships
46:22 Expanding Horizons: New Markets and Future Plans