{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5ab6fe42bb6ddf45527e077e/5f0e11a5aa152e736a03c55c?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Become with Shuli Mantsur | E131","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/5ab6fe42bb6ddf45527e077e/1594910631054-a865bf5e74200f8d9a5bc97748800e53.jpeg?height=200","description":"<p>In this 131th episode of Fintech Impact, Jason Pereira, award-winning financial planner, university lecturer, writer, and host interviews Shuli Mantsur, Director of Partnerships at Become. Become is an aggregation company that provides a single-stop source for business owners to go to one website and potentially apply for multiple lines of business with multiple lenders.&nbsp;</p><p><br></p><p>Episode Highlights:&nbsp;</p><p>● 00:42 – Shuli Mantsur explains Become.&nbsp;</p><p>● 02:30 – Become is like Expedia for business lending.&nbsp;</p><p>● 05:35 – What kind of businesses are they attracting as borrowers?&nbsp;</p><p>● 06:45 – How robust are their risk models at this point?&nbsp;</p><p>● 09:21 – How many data points are they taking in?&nbsp;</p><p>● 10:59 – Become can analyze why a client didn’t get approved for loans and suggest what they need to do to get funding in the near future.&nbsp;</p><p>● 12:05 – What does the customer experience look like?&nbsp;</p><p>● 15:27 – Do they provide support after the funding process?&nbsp;</p><p>● 16:37 – What has the response from lenders been like when they started?&nbsp;</p><p>● 18:35 – What would he change in his business or industry?&nbsp;</p><p>● 19:38 – What have been the biggest challenges he has faced?&nbsp;</p><p>● 20:39 – What keeps Shuli Mantsur excited each day about his work?&nbsp;</p><p><br></p><p>3 Key Points&nbsp;</p><p>1. Become started in Australia in 2016 and opened up in the United States as well in 2017.&nbsp;</p><p>2. Become is very analytical and creates customized filters.&nbsp;</p><p>3. Become is taking in over 50 data points.&nbsp;</p><p><br></p><p>Tweetable Quotes:&nbsp;</p><p>● “We came up with a way for customers to come into a platform and sort of make it a one-stop shop where they can fill in just one application, ours, which is all-encompassing.” – Shuli Mantsur</p><p>● “You don't need your application filled in as well. Use ours. Everything you ask is in yours, we ask in ours. Within I think 6-7 months, we partnered up with all the biggest lenders in Australia and pretty much took over the market, as far as a marketplace.” – Shuli Mantsur&nbsp;</p><p>● “We are partnered up with about 20 different lenders and two microlenders, and basically the main difference between these two is one will look with young businesses and start-ups and the others most likely won’t.” – Shuli Mantsur&nbsp;</p><p><br></p><p>Resources Mentioned:&nbsp;</p><p>● Facebook – Jason Pereira’s Facebook&nbsp;</p><p>● LinkedIn – Jason Pereira’s LinkedIn&nbsp;</p><p>● FintechImpact.co – Website for Fintech Impact&nbsp;</p><p>● JasonPereira.ca – Sign up for Jason Pereira’s newsletter&nbsp;</p><p>● Become.co – Website</p><p><br></p>","author_name":"Jason Pereira"}