The Savvy Wallet Podcast

EP. 84 - How I Built A £5 Million+ Lending Platform ft. Demi Ariyo


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Joining us in the booth this week is Demi, founder of Lendoe, an online lending platform that provides access to funding for underestimated entrepreneurs.


This episode includes:

- Why he quit his dream of becoming a footballer

- Challenges he had with his first business Skate & Skank

- How Demi got into the world of investing into stocks, shares and bonds

- The journey to building Lendoe to what it is today

- Plans to raise £10 Million+ for businesses in the future and much more


Follow Demi here

Get tickets to 'The Update' Event here


Learn AI, Cybersecurity, Data Science & more with Coursera. Ato has personally used Coursera to obtain an AI certificate. This is an affiliate link so if you purchase a course or sign up to the monthly or annual subscription, we will receive a small commission from Coursera, however there will be no additional charge to you.


Learn on Coursera here: https://imp.i384100.net/savvywallet


Follow me on: Instagram , TiktokTwitter

Check out: https://www.youtube.com/savvywallet for the video version


TIMESTAMPS

00:00 - Preview

01:02 - Take Off Intro

01:37 - Intro to Demi

05:20 - Growing Up In Islington & Hackney

13:12 - Wanted To Be With The Cool kids in school!

17:04 - Sales career started in school!

19:50 - I Wanted To Become A Footballer!

24:05 - Skate & Skank My First business

26:07 - Why We Stopped Skate & Skank

27:23 - How I Discovered Investing

30:59 - Raising Money For My Church & The Birth of Lendoe!

33:18 - The Lendoe Platform

34:36 - Making Good Money Lending

38:12 - Why Underestimated Founders Don’t Get Funding

41:12 - Why You’re Scared of Credit!

43:55 - Raising £5 million+ for businesses like SoulCap, Ava Estelle, SliderCuts & more

50:49 - Giving Away Equity is Expensive!

58:25 - The plan to raise £10 million+

01:04:30 - As an Entrepreneur I Struggle With This

01:11:18 - ’The Update’ Event

01:14:35 - Final Words

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