Episode five of the “Income Insights” podcast takes a unique turn with a dedicated Q&A session, led by host Denny Neidhardt from Re:Think P2P and Kimmo Rytkönen, the founder of Income Marketplace. This session aims to bridge the gap between the platform and its investor community by directly addressing their most pressing questions and concerns.
Engaging with the Investor Community:
The episode kicks off with Denny expressing gratitude towards the investors for their active participation and curiosity, revealing that over 20 questions were submitted via Slido. This episode is characterized by its interactive nature, with Kimmo taking the helm to provide insightful answers and share his expertise on various subjects that matter most to the community.
Key Topics and Insights:
Regulatory Environment and Crowdfunding Regulation:
- Discussion on how the regulatory environment impacts crowdfunding and the potential conflict of interests with closely knit loan originators. The importance of finding a balance between legal separation and operational collaboration to ensure scaling and compliance with upcoming regulations.
Investor Engagement and Auto Invest Functionality:
- Responses to investor queries about improving auto invest functionality to reduce cash drag. Strategies for setting up auto invest for better performance and the introduction of new loan originators (LOs) to enhance asset availability.
Loan Supply and Originator Onboarding:
- Insights into the process of adding new reliable loan originators to the platform, addressing the long sale and integration cycles. The emphasis on due diligence and the strategic approach towards expanding the loan supply with new and existing LOs.
ESG Criteria and Loan Products:
- Exploration of adding loans for environmentally friendly purposes and the potential for ESG-compliant lending. Discussion about a specific case with an electric bicycle company and the broader approach to including cash flow assets with ESG aspects.
Financial Stability and Funding Rounds:
- Overview of financial statements and the platform’s stability, supported by current investors. Discussion on a potential funding round, reflecting on the challenging fundraising environment and the strategic plans for platform improvement and expansion.
Secondary Market and Loan Recovery:
- Considerations around introducing a secondary market, early buyback functionality to address loan maturities, and efforts to avoid overly long loans. Updates on loan recovery efforts, including specific cases and the broader strategy to ensure investor protection.
Conclusion and Looking Forward:
In closing, Episode 5 strengthens the bond between Income Marketplace and its investors through open dialogue and shared insights. Denny and Kimmo’s commitment to transparency and engagement is evident, fostering a community-centric approach that promises to address current challenges while.
