Humans of Fintech

S3 Ep4: How Altro is Helping Build Credit Through Community Driven Solutions


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When you don’t have a credit history, accessing even the most basic financial services is almost impossible.

Find out how Michael Broughton is providing a unique solution.

Michael grew up in Japan and Korea before returning to the United States, where he founded Altro, the free credit service helping people build credit through recurring payments and subscriptions

Nicole and Michael talk about the innate discrimination of the credit score system, especially for people of color and those in the LGBTQ+ community. You’ll also hear how Altro effectively functions as a not-for-profit to provide solutions for no credit.

Michael shares why building a community of investors who share in the mission is important and why financial education is built into the Altro platform.

And our sponsor MainStreet is making it easy to find thousands of dollars worth of R&D Tax Credits. You only need to plug MainStreet into your payroll and let their team of experts do the heavy lifting, scanning hundreds of federal, state and local tax credits on your behalf. It’s going to save you so much time and your company so much money.

Head to MainStreet.com to sign up for their limited time offer.

And if you love listening to Humans of Fintech, please leave me a 5-star review on Rate My Podcast: https://ratethispodcast.com/humansoffintech

Thank you so much!

Follow Michael:

LinkedIn: linkedin.com/in/michael-j-broughton

Twitter: https://twitter.com/mjb4u2008

You can keep up-to-date with everything Humans of Fintech at https://workweek.com/brand/wtfintech/

And if you’ve enjoyed Humans of Fintech why not try: Chicks of FinTwit, Tech Unlocked, Breaking Banks or Fintech Insider

Nicole is a friend of Workweek, working in partnership to bring you great podcasts on the subjects you love. Find out more at: https://workweek.com/

Timestamps:

00:00 Introduction

02:55 Military Kid to Community Builder

07:04 Building Equity Into An Unfair System

11:53 Finding Your Way Through Fear

16:23 More To Overcome

19:00 The Education Formula For Success

22:37 The A-Ha Moment

25:06 Becoming The Change

29:00 Coming Up For Altro

31:08 My One Piece of Advice

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Humans of FintechBy Nicole Casperson