Building an auto refinance unicorn with Caribou CEO Kevin Bennett
From Fintech Thought Leaders · 44:50
Show by QED Investors
In this episode of Fintech Thought Leaders by QED Investors, Managing Partner Nigel Morris is joined by Caribou CEO Kevin Bennett and QED Investors Partner Matt Risley.Tune in to learn:[2:46] Kevin's personal journey from completing his law degree and serving in the Obama administration to building a leading auto refinance business.[6:44] The struggle of educating consumers to the fact that they are able to refinance auto loans, often saving more than $100 each month.[16:55] The tipping point in the Caribou distribution model.[22:12] What Caribou's $115 million Series C round -- and $1.1 billion valuation -- signals to the ecosystem.[24:38] How and why Caribou rebranded from MotoRefi.[31:05] How Kevin believes inflation and rising interest rates will impact the business.[35:01] The lessons learned as the company has scaled to more than 500 people.[40:23] How Caribou can play a part in tackling climate change.
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