Empower's Warren Hogarth: "Giving credit to 100 million people"

The Times Tech Podcast

• Episode: Empower's Warren Hogarth: "Giving credit to 100 million people"
• Website: The Times Tech Podcast
• Feed URL: http://rss.acast.com/dannyinthevalley
• Duration: 00:43:43
• Published: 2022-09-23 04:00

The Sunday Times’ tech correspondent Danny Fortson brings on Warren Hogarth, founder of Empower, to talk about solving the credit score quandary (3:20), how his struggle to buy a car planted a seed for the company (6:20), tapping in to bank account data (8:05), his first job shoveling poop (13:00), trying his hand at fuel cell technology (14:40), then doing a fintech startup (15:50), joining the legendary venture firm Sequoia Capital (18:00), not investing in Lyft (19:55), launching Empower (21:50), the problem with credit scoring (28:05), learning how fintechs got built at Sequoia (31:10), raising $150 million after staying lean for years (34:10), completely automating credit approval (34:30), keeping an eye on employment amid economic turmoil (36:35), and operating remote-first (39:50).

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