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Vikram Pandit Bets Big on Credit Card Startup
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Vikram Pandit Bets Big on Credit Card Startup

Vikram Pandit Bets Big on Credit Card Startup

Fintech Nexus Staff·
FintechNews RoundupUSA
·May. 15, 2018·1 min read

The former Citigroup CEO is investing $100 million in Fair Square Financial LLC through his investment firm called Orogen Group; Fair Square focuses less creditworthy borrowers with scores between 600 and 700; Mr.Pandit believes this is a segment which continues to be underserved; Fair Square has provided $400 million in credit lines since November 2016 and has about 50 employees. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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Citigroupcredit cardFair SquareStartupVikram Pandit
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