Founder Interview Video
How Froda Reached $57M Revenue and 150,000 Small Businesses Funded Across Seven Markets (Interview with Co-Founder Oliver Mohseni)
Chapters
- 0:00Introduction and Froda's Mission
- 0:43Guest Introduction: Oliver Mohseni
- 1:09What Froda Sells: Embedded Lending Infrastructure
- 2:35Why Traditional Banks Partner with Froda
- 4:23How Froda Makes Money on a $20K Loan
- 5:40Key Growth Metrics: 150,000 Businesses and 30% Growth
- 6:44Inside the $500M Active Loan Book
- 7:42Default Rates and Profitability During Macro Squeeze
- 8:5116% Average APR and Fair Lending Philosophy
- 10:30Credit Box and Machine Learning Underwriting
- 12:37Funding History: $49M Raised, Series A and B
- 13:48Reaching an $80M Revenue Run Rate
- 15:05The Embedded Finance Strategy Driving Growth
- 16:50Closing and Where to Follow Froda