This week we are joined by Top Lim of FinHero, which is a FinTech solutions provider operating a Finance as a Service platform ranging from credit scoring, KYC, collections and even supply chain financing.
This was a great conversation to discuss how he transitioned from a corporate career at equipment financing entities to launching his own firm. We talk about the particulars in leveraging technology towards a traditional lending business to bring efficiency and more risk mitigation. We close out with addressing the need to build trust in entering new markets.
I’d love to know what you took away from this conversation with Top Lim. If you’d like to be considered as a guest or have someone that you’d like to hear me speak to, drop me a message.
Where to find Top Lim:
• LinkedIn: https://www.linkedin.com/in/top-lim-3a38842b/
• FinHero: https://finhero.asia/
Where to hear more from The Indelible VC:
• Newsletter: https://indelible.vc
• Twitter: https://twitter.com/IndelibleVc
• LinkedIn: https://www.linkedin.com/in/kbrockland/
In this episode, we cover:
[1:25] Worked in equipment financing overseeing a large portfolio but decided to strike off on his own.
[5:48] The starting point for FinHero product
[9:37] Using technology to bring efficiency to traditional lending
[14:07] The typical financing case for FinHero
[20:35] Building the pool of capital to facilitate the lending activity
[27:22] Leveraging technology for credit scoring in B2B
[33:35] Navigating regulation
[39:35] The biggest hurdle towards expansion
[42:26] Closing questions