Fintech for the People

Advance is a digital lending platform founded by CEO Jaime de los Angeles to help low and middle-income workers bridge their cashflow needs and manage unexpected expenses throughaccess to salary advances. His focus on the Philippines and Vietnam has brought financial freedom and credit to previously underserved markets, where they are now seeing as much as 50percent of users reporting increases in savings, health, and overall satisfaction. 
 
In this episode, Jaime and the host Rahil Rangwala, Managing Partner of Accion Venture Lab, talk about Jaime’s experience growing Advance over the last four years and unpack the importance of nurturing the middle customer relationship in a B2B2C business model. 
 
To learn more about Advance, visit their website. And learn more about Accion Venture Lab here.

Creators & Guests

Host
Rahil Rangwala
Producer
Laura Krebs
Editor
Reese Clutter

What is Fintech for the People?

Fintech has the power to build a more inclusive world. Fintech for the People is about the innovators who are developing fintech solutions that reach the people who’ve been left behind. In each episode, we’ll hear from innovators who are creating financial solutions that bring every person the financial tools they need to grow their business, support their family, and build their community. Together, we’ll learn how fintech looks different in spaces and places where basic financial services are a luxury — and how solutions to address these challenges require a different level of creativity, empathy, and execution.

Fintech for the People is an Accion podcast hosted by Amee Parbhoo, Managing Partner of Accion Venture Lab – an early-stage investor in inclusive fintech startups. Learn more about Accion Venture Lab here. Episodes will be released in seasons, on a weekly schedule.