In episode thirteen of PitchIt: the fintech startups podcast we talk with Esusu Co-Founder & Co-CEO Abbey Wemimo.

Esusu automates credit building by reporting monthly rent payments to credit bureaus, boosting credit scores one rent payment at a time. It’s pretty astonishing how long its taken to get data points like rental payments and utilities included into credit scoring, this really underscores the fact that the the financial system has historically overlooked certain groups, especially communities of color and immigrants.

Abbey and I delve deep into the benefits of rental payments, the state of financial wellness today, revamping the credit score and a whole lot more. We had a lot of fun and I hope you enjoy the show.

In this podcast you will learn:

• Abbey's journey from Lagos, Nigeria 
• The benefits of the Esusu rent payment product for renters and landlords
• $45mn people in the U.S. don't have credit scores and average debt of $92,000
• There are 140 million renters in the U.S.
• Fintechs have a big opportunity to build trust without baggage
• The credit score needs continuous improvement, not a radical overhaul
• Rental payments are a better gauge of ability to pay than credit card payments
• Society needs to invest more in people
• Esusu has grown 800 percent during the pandemic
• Abbey's favorite books include Never Eat Alone, The Wright Brothers and A Promised Land
• And more...