Khutzpa

lendingother lendingwealthtech-retailpersonal finance management

FOUNDING YEAR: 2016
LOCATION: United States
Last Update: 01/05/2020

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About

Khutzpa is looking to transform the Finance Marketplace by changing the way people search for financing online. The new process will utilize a peer to peer approach. The fundamentals of Khutzpa are simple. Users share their current loan balance information, credit score, and current interest rates for various loan products (Mortgages, Student Loan, Credit Cards, Business Loans, SBA Loans Personal Loans, Automobile Loans, or Lines of Credit) and immediately see the loan terms other borrowers share. Website users will utilize this information to find better financing options at competing institution or refinance their existing debt. The power of sharing data will result in a more competitive environment for financial institutions, lower interest rates and steadily decrease monthly debt payment for a struggling population of debtors. Having readily available financial data will revolutionize how people borrow funds.

MEDICI Analysis

Khutzpa is looking to transform the Finance Marketplace by changing the way people search for financing online. The new process will utilize a peer to peer approach. The fundamentals of Khutzpa are simple. Users share their current loan balance information, credit score, and current interest rates for various loan products (Mortgages, Student Loan, Credit Cards, Business Loans, SBA Loans Personal Loans, Automobile Loans, or Lines of Credit) and immediately see the loan terms other borrowers share. Website users will utilize this information to find better financing options at competing institution or refinance their existing debt.

Focus

PRODUCTS & SERVICES

A peer comparison portal for different types of loans

REVENUE MODEL

Data Sales

PRIMARY PROBLEM SOLVED

Khutzpa is looking to transform the Finance Marketplace by changing the way people search for financing online. The new process will utilize a peer to peer approach. The fundamentals of Khutzpa are simple. Usersshare their current loan balance information, credit score, and current interest rates for various loan products (Mortgages, Student Loan, Credit Cards, Business Loans, SBA Loans Personal Loans, Automobile Loans, or Lines of Credit) and immediately see the loan terms other borrowers share. Website users will utilize this information to find better financing options at competing institution or refinance their existing debt. The power of sharing data will result in a more competitive environment for financial institutions, lower interest rates and steadily decrease monthly debt payment for a struggling population of debtors. Having readily available financial data will revolutionize how people borrow funds.

INTELLECTUAL PROPERTY

Patent(s) NOT_FILED

company provided insights

Traction

REVENUE

$0 - $99k

REVENUE COMMENT:

Need to Gain Marketing Traction

People

FOUNDERS

Eugene Frid

BOARD MEMBERS AND ADVISORS

Eugene Frid

COMMENT:

We just have an idea.

Momentum

FUNDED

YES

LISTED

NO

For Investors

FUNDING NEEDED:

$5 K

USES OF FUNDS RAISED:

1. Marketing Traction

EXIT STRATEGY

None

MONTHS LEFT WITH CURRENT CASH BURN RATE:

3 months from 30 Sep, 2017

BASICS

FOUNDING YEAR:

2016

LOCATION:

United States

Views:

79 VISITORS | 116 VIEWS

About

Khutzpa is looking to transform the Finance Marketplace by changing the way people search for financing online. The new process will utilize a peer to peer approach. The fundamentals of Khutzpa are simple. Users share their current loan balance information, credit score, and current interest rates for various loan products (Mortgages, Student Loan, Credit Cards, Business Loans, SBA Loans Personal Loans, Automobile Loans, or Lines of Credit) and immediately see the loan terms other borrowers share. Website users will utilize this information to find better financing options at competing institution or refinance their existing debt. The power of sharing data will result in a more competitive environment for financial institutions, lower interest rates and steadily decrease monthly debt payment for a struggling population of debtors. Having readily available financial data will revolutionize how people borrow funds.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

Khutzpa is looking to transform the Finance Marketplace by changing the way people search for financing online. The new process will utilize a peer to peer approach. The fundamentals of Khutzpa are simple. Users share their current loan balance information, credit score, and current interest rates for various loan products (Mortgages, Student Loan, Credit Cards, Business Loans, SBA Loans Personal Loans, Automobile Loans, or Lines of Credit) and immediately see the loan terms other borrowers share. Website users will utilize this information to find better financing options at competing institution or refinance their existing debt.

Focus+
Momentum+
Traction+
People+
For Investors+
Other+

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Khutzpa

About

Khutzpa is looking to transform the Finance Marketplace by changing the way people search for financing online. The new process will utilize a peer to peer approach. The fundamentals of Khutzpa are simple. Users share their current loan balance information, credit score, and current interest rates for various loan products (Mortgages, Student Loan, Credit Cards, Business Loans, SBA Loans Personal Loans, Automobile Loans, or Lines of Credit) and immediately see the loan terms other borrowers share. Website users will utilize this information to find better financing options at competing institution or refinance their existing debt. The power of sharing data will result in a more competitive environment for financial institutions, lower interest rates and steadily decrease monthly debt payment for a struggling population of debtors. Having readily available financial data will revolutionize how people borrow funds.

Focus

PRODUCTS & SERVICES

Khutzpa.com

REVENUE MODEL

Data Sales

TOP PROBLEM SOLVED

Khutzpa is looking to transform the Finance Marketplace by changing the way people search for financing online. The new process will utilize a peer to peer approach. The fundamentals of Khutzpa are simple. Usersshare their current loan balance information, credit score, and current interest rates for various loan products (Mortgages, Student Loan, Credit Cards, Business Loans, SBA Loans Personal Loans, Automobile Loans, or Lines of Credit) and immediately see the loan terms other borrowers share. Website users will utilize this information to find better financing options at competing institution or refinance their existing debt. The power of sharing data will result in a more competitive environment for financial institutions, lower interest rates and steadily decrease monthly debt payment for a struggling population of debtors. Having readily available financial data will revolutionize how people borrow funds.

PRODUCT DEVELOPMENT STAGE

COMMERCIAL LAUNCH

KEY DIFFERENTIATORS

None

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

Small and Medium Business - Online Retail

Consumer

People

FOUNDERS

Eugene Frid

KEY EMPLOYEES:

CEO, FOUNDER: Eugene Frid

CTO: Alexander Kalinka

CMO: Andrei Kamrou

COO: Anton Savitsky

CRO: NA 0

TEAM COMMENT:

We just have an idea.

BOARD MEMBERS AND ADVISORS:

Eugene Frid

Momentum

FUNDED

YES

TOTAL FUNDING:

$3 K

FUNDING COMPLETED

NO

LISTED

NO

FUNDING SERIES
Seed Mar 2016 --- USD3 K Comment on Seed Family Funds