5 • 2.6K Ratings
🗓️ 15 June 2023
⏱️ 26 minutes
🧾️ Download transcript
Lendoe are a UK-based lender focused on supporting black, ethnic minority and early stage entrepreneurs. Their journey started when a few young adults raised £220,000 to save their church building from repossession, and, in so doing, discovered first-hand the lack of support offered to small businesses from underrepresented communities. I caught up with one-time entrepreneur, one-time investment banker, and now founder of Lendoe, Demi Ariyo, while we were in Amsterdam last week for Money20/20 Europe.
We had a tight timeline to work within, so it's a snappy interview, but also one of my favourites to date!
You can find Lendoe (that's lend with an 'o' for owners and an 'e' for entrepreneurs) at https://www.lendoe.com/
Or via their socials: Instagram, Twiter with @wearelendoe and on LinkedIn where you can find Demi, too: https://www.linkedin.com/in/demi-ariyo-119548b7/
We were recording on a super tight schedule, so we had to rush the end, but if you like what you heard and you're in or around London, The Update (https://www.eventbrite.co.uk/e/the-update-tickets-607190662617) is behind the Bike Shed in Shoreditch next Thursday (22 June 2023).
You can learn more about myself, Brendan le Grange, on my LinkedIn page (feel free to connect), my action-adventure novels are on Amazon, some versions even for free, and my work with ConfirmU and our gamified psychometric scores is at https://confirmu.com/ and on episode 24 of this very show https://www.howtolendmoneytostrangers.show/episodes/episode-24
If you have any feedback, questions, or if you would like to participate in the show, please feel free to reach out to me via the contact page on this site.
Oh, and if you’re in need of more banking podcasts, you can find related content at https://blog.feedspot.com/banking_podcasts/
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0:00.0 | Do you feel... |
0:01.2 | Like one of those bassit hangs. |
0:03.0 | Like my nose can sense the quality of the paint, |
0:05.0 | even before my eyes, ears or hands. |
0:08.0 | Do you feel hungry? |
0:09.2 | Is what I was actually going to say, Sam. |
0:11.2 | Right. |
0:12.0 | Yeah. |
0:12.6 | Heritage by Do Looks. |
0:14.0 | It's a feeling. |
0:18.0 | I've been underserved by the bank, |
0:19.8 | but actually I'm going to defy the odds. |
0:21.4 | I'm going to still find alternative ways to grow my business. |
0:24.4 | And they've come to us. |
0:25.6 | We've got them the funding products they need. |
0:27.6 | And then the same banks that said, |
0:28.8 | I said no to them when they first started. |
0:30.4 | Now that they're doing two, three, four, five, |
0:32.4 | 10 million in revenue have come back to us. |
0:34.4 | Lend those a platform and said, |
0:35.6 | how do we now work with these clients? |
0:37.2 | And that's why we call them underestimated. |
... |
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