Why ‘It’s a World of Opportunity for Canadian Credit Unions’ w/ Adam Rice

Why ‘It’s a World of Opportunity for Canadian Credit Unions’ w/ Adam Rice

“I don’t have that much cash available. Is there any way I can get a loan to finance this?”

“I’m sorry, not really,” said the dentist. Adam Rice overheard the conversation, and the idea for Loan Connect was born. Their goal is simple: provide Canadians with personal loans that lenders actually compete to provide.

On this episode, Adam discusses how the platform works, and how it’s defying the odds (and the banks) in Canada.

Adam is the CEO and Founder of Loan Connect, with an MBA from UNSW, and a Masters in Communication and Management from UWO.

What we talked about:

  • Loan Connect had a “chicken-and-egg” problem
  • Canadian banks are slow to change
  • Example of getting a personal loan in Canada
  • Loan Connect’s desire to help the end-user
  • Why Adam went around the “big 5” & focused on credit unions.
  • Traditional Canadian banking
  • Fintech in Canada
  • Lending/borrowing in Canada

To contact Adam:

To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here.

Until next time!

Hosted on Acast. See acast.com/privacy for more information.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(226)

Is the Future of Global Business Embedded? Riding the Wave of Financial Innovation

Is the Future of Global Business Embedded? Riding the Wave of Financial Innovation

We're riding the wave of embedded finance, a concept that's both an evolution and a revolution in financial services. Back in 2019, it was seen as the missing piece in the tech stack, seamlessly integ...

31 Mai 202423min

Are Borders Obsolete? The Future of Cross-Border Payments in E-commerce

Are Borders Obsolete? The Future of Cross-Border Payments in E-commerce

The world of e-commerce is brimming with global possibilities, where buyers and sellers can now be in almost any corner of the planet. But cross-border payments can still remain a complex, slow, somet...

29 Apr 202426min

Beyond Borders: How Can SMBs Thrive In The Global Marketplace?

Beyond Borders: How Can SMBs Thrive In The Global Marketplace?

Small and medium-sized businesses are the lifeblood of many economies, with more than 5 million SMBs in the UK, and 99 million in the US. In the last decade, the combined effects of globalisation remo...

28 Mar 202423min

How Will Gen AI Transform Fintech?

How Will Gen AI Transform Fintech?

2023 was an explosive year for Generative AI. The mainstream emergence of tools like Chat GPT generated a huge amount of excitement and hype. In the wake of this, 93% of fintechs believe that generati...

9 Feb 202422min

Fortifying fintech: What you need to know about cybersecurity

Fortifying fintech: What you need to know about cybersecurity

Cyberattacks are on the increase, with bad actors proliferating around the world. By the end of 2023, according to Cybercrime magazine, hackers will have caused $8 trillion in global damages. In 2022,...

20 Nov 202316min

Special Edition: Black History Month

Special Edition: Black History Month

What does Black History Month mean to you? It could be a time to recognise the achievements of the Black community, to draw attention to ongoing problems with racism, or an opportunity to stand as an ...

27 Okt 202315min

Visa Cross-Border Solutions: Special Edition

Visa Cross-Border Solutions: Special Edition

Visa acquired Currencycloud in 2021. Now, leveraging the expertise from both companies, it has launched a Cross-Border Payment Solutions. With a suite of modular building blocks that can be easily int...

26 Sep 202320min

CBDCs and stablecoins: What role will they play in the future?

CBDCs and stablecoins: What role will they play in the future?

In 2022, the US Federal Reserve announced that it had been developing a “wholesale” central bank digital currency (CBDC), designed to speed up transfers between banks around the world. The aim of the ...

19 Sep 202317min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-borsmorgen-okonominyhetene
rss-penger-polser-og-politikk
rss-skravla-gar
rss-pa-konto
pengepodden-2
livet-pa-veien-med-jan-erik-larssen
finansredaksjonen
okonomiamatorene
morgenkaffen-med-finansavisen
utbytte
tid-er-penger-en-podcast-med-peter-warren
stormkast-med-valebrokk-stordalen
rss-markedspuls-2
pengesnakk
lederpodden
liberal-halvtime