Podcast: How PACE works, who it is for, and more!
Mary Kathryn Lynch, our CFO, spoke with Peter Renton from Lend Academy Podcast about how PACE financing works, who it is for, and why this kind of financing might be a great investment. They also talked about how the gap of women in the FinTech space can be addressed.
In this podcast you will learn:
- About Renew Financial
- What is PACE financing
- How PACE financing works
- The consumer protections that come with PACE
- How is the underwriting determined
- Where Renew Financial operates today, and new markets
- The number of states that allow for PACE financing
- The type of borrowers that can benefit from PACE financing
- Product and brand awareness
- The application process
- How PACE financing is funded
- The impact COVID19 has had on the industry
- What advice Mary Kathryn has for women entering fintech today
- What has changed for women in finance in recent years
- What we can do to impact the fintech gender gap
- What is next for Renew Financial
This episode of the Lend Academy Podcast is sponsored by LendIt Fintech USA, the world’s largest fintech event dedicated to lending and digital banking.