Hey, CoFounder community. Working on another venture in the Fintech space with one other co-founder. During the last 4 years building my first venture, a real estate PropTech company servicing thousands of real estate professionals with data-driven content solutions, we've found that homeowners lack education. They are sitting on what might be their greatest asset yet don't know how to leverage it properly to build wealth. Our mission is to help homeowners build wealth through access to real-time data, personalized insights, and cheap capital secured by their homes. The U.S. Homeownership market is valued at $30 Trillion and homeowners are sitting on $9 Trillion dollars in untapped equity, capital that is sitting, unused but accessible, and with the right access and insights, can be leveraged to build meaningful wealth. We are building technology to improve the transactional efficiency of secured lending and give consumers access to cheap secured capital at the same level of convenience as expensive unsecured capital. We're combining the best of both worlds to build one of the first home equity-backed credit cards. Additionally, we provide homeowners with real-time analytics and personalized input on their homes, which creates smarter consumers focused on investments that build wealth rather than create more debt. We currently have a great advisory team and have worked with the last several months to build relationships & to build out the entire construct behind not only creating our own credit card product but also the process behind backing it with ones' home equity. We have a lot of investment interest and are opening our seed round come Q1 2022. I'm a Forbes 30 under 30 founder with experience bootstrapping and scaling a B2C/B2B SaaS to thousands of customers. A competitive advantage we have is that we have relationships with real estate professionals, mortgage brokers, brokerages, realtor associations, and MLS Associations that we can leverage to drive a ton of homeowners to our app. In order for a credit card product to succeed, you need to have scale for the unit economics to make sense and for there to be meaningful revenue coming from interchange fees, etc.. Happy to answer any additional questions. 36 submitted by /u/ecc10394 [link] [comments] https://www.reddit.com/r/cofounder/comments/rdvkpy/usabiz6_looking_for_a_tech_cofounder_for_fintech/
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