Building A Bridge To Good Credit
Fig Loans is super cool for a bunch of reasons:
1) They’re in the payday loans business, but they’re helping people rebuild their credit;
2) The founders are Wharton alumni who met and founded the company while they were getting their MBAs (fun fact: their first project, created at PennApps Hackathon two weeks before school started, was a game called Llama Run);
3) Karl loves the way they identified the opportunity for Fig Loans;
4) Their goal is to “survive indefinitely and to not rely on venture capital money, but to take it, instead, for purposeful growth.”
There’s so much here to love.