We have a winner in each of our categories! With two #5 seeds and two #10 seeds, only four companies remain. Your Fintech Four are:
Personal Finance: Prism
Too Cool to Categorize: Nav
Meet the Winners (+ some thoughts on each)
Earnest – Lending
Setting its sights on those younger borrowers that it says are “dramatically overcharged and mispriced by the credit system,” Earnest shuns traditional credit scoring by attempting to gauge a borrower’s ability to repay with a comprehensive view of their work history, finances and more. By connecting their financial accounts (bank, credit card, mortgage, etc.) to Earnest, the borrower is giving Earnest the ability to get a proper view of the default risk and in return the borrower saves on their student loans through lower cost refinancing.