PowerPay is a digital lending platform that offers home improvement financing for contractors, their customers and everyday consumers. When talking with David I found out they launched in January of 2020, right before the world changed.

It turned out to be a big stroke of luck for PowerPay, while stuck in their homes people started to examine those projects that got pushed down the personal to do list. Whether it was a bathroom renovation, fixing a leaky roof or installing new windows, there ended up being record demand for these projects. 

David and I discuss PowerPay’s journey over the last 18 months, the exponential growth they saw in the home improvement space, working with bank partners, raising capital, unfortunately USC football, and a whole lot more. I hope you enjoy the show.

In this podcast you will learn:

• David's founder story
• What he learned from his early drive for money
• The difference between intrepreneur and entrepreneur
• They serve super prime, prime and sub prime
• How PowerPay works with banks
• How PowerPay works with contractors
• How they went from $0 to $1bn in loans originated during the pandemic
• They have long term digital banking plans
• He recommends reading The Talent Code
• He enjoys teaching the young workers within the organization
• He is a diehard Philadelphia sports fan
• And more…

This episode was sponsored by Zendesk, a service-first CRM company that builds software designed to improve customer relationships. Qualifying startups get Zendesk free for 6 months.