Accessing your home equity, with Michael Gifford (Splitero)
How to Lend Money to Strangers
Brendan le Grange
4.9 • 43 Ratings
🗓️ 22 June 2026
⏱️ 27 minutes
🧾️ Download transcript
Summary
Home Equity Lines of Credit (HELOCs) have always made sense for borrowers, but when the Great Financial Crisis showed how contagion could undermine the pricing assumptions, they lost favour with American lenders. But they're back, redesigned, and stronger than ever. In this episode, I'm speaking with Splitero's CEO, Michael Gifford, a PropTech veteran who is helping families get the most out of their real estate by accessing their home equity.
Michael is on LinkedIn at https://www.linkedin.com/in/michaeldgifford/
Splitero is there, too, at
But if you want the details, you may as well head straight to their homepage at https://www.splitero.com/
You can connect with me on LinkedIn, too, at https://www.linkedin.com/in/brendanlegrange/
Other friends of the show include:
https://www.ogmara.com/ (customised risk management and analytic consulting)
https://www.ontap.co.za/pages/hoedspruit-store-details (for all your Hoedspruit-based bathroom needs)
https://flatwhiteorfoff.com/ (ask for anything other than a flat white, the answer is in the name)
https://www.joinhumoni.com/ (helping international students find accommodation, work, and financial services on day one)
https://www.haboomoney.com/ (making collections personalised, flexible and intelligent)
https://beetlesense.ai (AI-powered day one pest detection for forestry)
And since you like podcasts, I also co-create HAIghtened Senses with Christo van Zyl, which looks at the intersection between human senses and technology (and this week, flying cars)
Keep well, Brendan
This episode was set up by Kirstin Robison from Pitch PR, a boutique firm specializing in national media for consumer and business-to-business companies. If you'd like to get onto shows like mine, reach out to them at https://pitchpublicrelations.com/
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:00.0 | So what Splatero does is gives them a lump sum of cash up front. |
| 0:03.7 | We are then giving them a portion of their homes value. |
| 0:06.1 | In the future, they'll pay back a portion of that home's value. |
| 0:08.9 | In the meantime, there's no monthly payment. |
| 0:10.6 | And that is really one of the big changes. |
| 0:13.6 | There are very few places that you can go and get a lump sum of cash without then a monthly payment the next month as soon as you're ready, right? |
| 0:21.3 | And if their income hasn't supported, maybe there's not income, you know, whatever the case is, |
| 0:26.3 | it's just a very unique product that is changing how people think about the equity in their |
| 0:31.7 | homes. No longer is it just, I go get a HELOC or refinance this. It's, you know, let's go get a home equity investment. |
| 0:43.0 | I've been working in startups for about four years now, |
| 0:46.9 | building alternative credit scores, day one financial services for migrants, |
| 0:51.2 | and multimodal AI solutions to monitor and manage forest health. |
| 0:56.1 | Yet, one of those is not quite the same as the others. |
| 0:59.2 | Along the way, I have met some incredible people. |
| 1:01.5 | I've learned more about myself, more about business, and more about the world than I ever |
| 1:05.9 | could have dreamed. |
| 1:07.2 | That said, there are still times I miss my old job. |
| 1:10.4 | When I'm flying in the cheapest seats |
| 1:12.1 | by the most awkward connections because it's me that's footing the bill. |
| 1:15.6 | But also for more than that, joking aside, I miss the serendipitous learning that can happen |
| 1:21.2 | when you're part of a bigger team, surrounded by people doing interesting things that are |
| 1:26.4 | outside of your day today, but related nonetheless. |
... |
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