Rohit Arora, CEO and Co-founder of Biz2Credit - Building the Next Generation of Business Lending
Wharton FinTech Podcast - Un pódcast de Wharton Fintech Podcast
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Miguel Armaza sits down with Rohit Arora, CEO and Co-Founder of Biz2Credit, a New York based company that offers financing, research, and educational resources to small businesses. Rohit and his brother founded Biz2Credit in 2008 and in the last 13 yrs the firm has arranged $2B in funding and registered over 200,000 clients. They have also raised over $60M in equity and $300M in debt from investors including Westbridge Capital and Nexus Venture Partners. We discussed - Rohit’s journey scaling Biz2Credit - Fundraising challenges as a contrarian entrepreneur - Lessons on resilience and leadership - The perils of a “growth at any cost” business mindset - Biz2Credit’s experience navigating the COVID crisis and what he believes will be the long term effects of the pandemic - And a whole lot more Rohit Arora Rohit Arora, CEO and Co-founder of Biz2Credit is one of America’s top experts in small business finance. He is responsible for driving Biz2Credit to its leadership position in the alternative lending industry among Deloitte’s Technology Fast 500. He holds a Masters in International Business from Columbia University and an Engineering degree from Delhi University. Rohit is often quoted about small business lending by major news media outlets, including the New York Times, Wall Street Journal, Bloomberg, Entrepreneur, American Banker, CNNMoney, MSNBC, Inc., and the Washington Post. In 2011, he and his brother Ramit were named New York City's “Top Entrepreneurs” by Crain’s New York Business, which also named Biz2Credit among NYC’s “Fast 50” of 2014. Since its inception in 2007, Biz2Credit has arranged $2 billion in funding and now has over 200,000 registered small and mid-sized company clients. About Biz2Credit Biz2Credit was founded in 2007 with one goal: make the business financing process work better for lenders and their customers. The company is focused on funding what’s next for small businesses and leverages data, cash flow insights, and the latest technology to give business owners an automated small business funding platform. Biz2Credit has provided over $3 billion in small business loans and financing. With over 350 employees globally, the team – made up of engineers, marketers and data scientists – is building the next generation in business lending solutions. Biz2Credit is also the company behind the Biz2X Platform. Biz2X is the natural outgrowth of Biz2Credit’s established platform software that brands like HSBC, Oriental Bank, and TATA Capital have chosen to launch new online lending initiatives. Biz2Credit raised $52M Series B in 2019 and is headquartered in New York City. Learn more at www.Biz2Credit.com.