In this episode of the AI Interconnect podcast, host Laurent Cochet speaks with Benjamin Schieken, founder and CEO of Fincast, a privacy-first platform designed to help consumers secure better mortgage offers without compromising their personal data. Benjamin shares his background in tech startups and how it led to the creation of Fincast, which addresses inefficiencies in online lending. The conversation explores the product development process, the importance of consumer privacy, and the challenges of disrupting traditional lending practices. Benjamin emphasizes the need for education in the mortgage process and discusses Fincast's future plans to expand its offerings beyond mortgages.
Takeaways
Fincast helps consumers find better mortgage offers while protecting their privacy.
The platform uses a reverse auction model to secure competitive bids from lenders.
Benjamin Schieken's background in tech startups influenced the creation of Fincast.
Consumer education is crucial in navigating the mortgage process effectively.
Fincast aims to be a trusted ally for consumers in financial decisions.
The company prioritizes data privacy and does not collect unnecessary sensitive information.
Fincast is designed to empower consumers to make informed financial choices.
The platform is built to adapt and improve based on user behavior and feedback.
Fincast faces challenges in changing industry practices and gaining acceptance from traditional lenders.
The future of lending tech will be shaped by consumer demand for transparency and efficiency.
Titles
Revolutionizing Online Lending with Fincast
Empowering Consumers in Mortgage Decisions
Sound bites
"We want to give them the ability to choose."
"Fincast is a tool to find great deals."
"Consumers are demanding Fincast so much."
Chapters
00:00 Introduction to Fincast and Its Mission
01:01 Benjamin Schieken's Background and Inspiration
04:05 Turning Ideas into Products
06:53 How Fincast Works: The Process Explained
09:09 Balancing Privacy and Competition
10:54 Fincast vs. Traditional Lending Platforms
13:28 Protecting Borrowers in the Lending Process
15:18 The Role of Automation and Trust
18:23 Data Management Post-Offer Process
21:28 Challenges of Prioritizing Privacy
22:58 Navigating Industry Resistance to Change
28:05 Educating Consumers on Financial Choices
29:53 Go-to-Market Challenges for Fincast
33:09 Future Plans for Fincast
35:55 Trends Shaping Lending Tech in the Future
Keywords
Fincast, online lending, mortgage offers, consumer privacy, FinTech, technology solutions, lending efficiency, borrower protection, data management, industry trends, fincast, benjamin schieken, mortgage technology, mortgage privacy, reverse mortgage bidding, ai in lending, lending innovation, privacy first lending, lead-free mortgage offers, mortgage compliance, fintech, real estate technology, loan comparison tools, secure mortgage platform, proptech, reverse auction lending, automated lending platform, loan estimate upload, loan estimate marketplace, AI mortgage tools, smart lending, mortgage savings, privacy in fintech, AI-driven mortgages, mortgage software, mortgage platforms USA, lending alternatives, fintech innovation, AI InterConnect, real estate compliance
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#DigitalMortgages #ConsumerSavings #AIForBorrowers #AutomatedLending #MortgageComparison #FinancialEmpowerment #TechDrivenFinance
#USMortgageMarket #HomeLoansUSA #FinanceTools2025 #MortgageTechUSA #MortgageInnovation2025
We also explore the future of lending tech, the role of compliance, and why privacy isn’t optional anymore.
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