Some personal news:
We have been acquired by J.G. Wentworth.
After 7+ years of building Stilt, we decided to join forces with J.G. Wentworth to build financial products for millions of everyday Americans starting with a personal loan product.
finance.yahoo.com/news/jg-wentwo…
Today, we heard from an old Stilt customer. Their message moved our whole team and reaffirmed our faith in what we do and why we do it.
There's still a long way to go and we are excited for all the possibilities @onboapi now unlocks!
#immigrants
Messages like these are a huge validation for onbo.com.
We are building Onbo for the next generation of embedded lending.
Companies can launch BNPL, personal loans, lines of credit products for consumers and commercial in a few weeks.
This month, we added the most number of clients since launching onbo.com.
- Embedded lending
- Credit builder products
- Commercial lines of credit
All of these and many more use cases leading to massive acceptance of embedded lending APIs.
Check out this incredible episode of the @tearsheetco podcast featuring our CEO @rohitdotmittal, and Adam Hughes from Amount
They talk about the dawn of Lending-as-a-Service products and the future of fintech:
soundcloud.com/tearsheet/lend…
#Analysis: How @stilt_inc is helping immigrants build a financially stable life in the US
FinTech Futures chats with Stilt co-founder Rohit Mittal about the firm's aims to help immigrants in the US.
fintechfutures.com/2022/06/how-st…
Just published a quick post on "Designing and building compliant credit products".
Most fintech founders think of a credit product but don't know how to make it regulatorily compliant.
This guide will help you map credit products to regulations.
rohitmittal.substack.com/p/designing-an…
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