This is a blog dedicated to building in public, where founders can see what goes on behind the scenes at a venture-backed startup. Weekly internal team emails (on a delay) are juxtaposed against interviews and articles published in real-time.
TWIF: Private credit investing, art collecting, and building a $1B investment platform from the ground up
Nik Milanovic interviews Nelson Chu, founder of Percent, a private credit platform. Nelson shares his journey from starting in tech at Apple in 2007, through his finance roles at Merrill Lynch, Bank of America, and BlackRock, to founding multiple companies, including Lumenary and My Support. He discusses the inception of Percent in 2018, which has facilitated over $1 billion in transactions. Nelson emphasizes the importance of standardization in private credit, the role of venture capital in scaling his ventures, and his involvement in nonprofits like Yama Yama Malawi and Womankind. He also touches on his passion for art collection.
Private credit's rapid growth with Nelson Chu, Founder & CEO, Percent
Nelson Chu, Founder & CEO of Percent, delves into the rapid growth of private credit and its implications for the financial landscape. Learn how this expanding sector is reshaping investment opportunities and whether or not a bubble is emerging in the market.
Generational trends regarding investments in alternative assets
Nelson Chu, Founder & CEO of Percent, Jack Macdowell, Chief Investment Officer of Palisades Group, and Mustafa Humayun, Partner & Portfolio Manager at Sagard Credit, join Jill Malandrino on Nasdaq TradeTalks to discuss generational trends regarding investments in alternative assets and the value of disciplined deal selection.
‘Bank On It’ podcast: Episode 626 Nelson Chu from Percent
In this episode, the host John Siracusa had a remote chat with , Founder & CEO of . Percent is a platform for sourcing, structuring, syndicating, monitoring, and servicing private credit transactions. We candidly discuss his initial reluctance towards going into fintech in the first place, the conception and early challenges of building Percent, and his leadership style fostering a stable and efficient work environment.
The rise of private credit in a post 2008 world
Nelson Chu joins us today to discuss the rise of private credit! He's here to share how private credit emerged as a significant player post-2008 financial crisis when banks scaled back their lending. Despite his initial lack of experience in credit, Nelson was drawn to private credit for its potential to offer shorter durations, lower minimum investments, and attractive yields compared to traditional bank loans.
The power of purpose: Thriving as an entrepreneur
Nelson Chu is the founder and CEO of Percent, a global leader in financial infrastructure solutions. Founded in 2018, the company leverages proprietary technologies, integrations, and data to bring first-of-its-kind transparency and efficiency to lenders and credit transactions. Prior to Percent, he founded a strategy consulting firm specializing in helping companies build products and raise capital for growth, creating over $1B in equity value. He began his career at several of the top financial services firms, including Bank of America and BlackRock. He is an active angel investor, with notable investments including Anthropic, BlockFi, Care/Of (Acq: Bayer AG), Clover Health (NAS: CLOV), dv01, Eden Health, Plentina, Tala, and Uala.
Unlocking opportunities: Private credit investing explained
Listen to this informative Legacy Leaders episode with Nelson Chu about private credit investing. Here is what to expect on this week’s show:
● Nelson explains Private Credit Investing offers uncorrelated returns and higher yields compared to traditional savings accounts. Private credit portfolios are usually pools of loans, providing diversification and risk mitigation for investors.
● Nelson emphasizes diversification is crucial in private credit investments through blended notes and diversified baskets of loans. By spreading investments across multiple lenders and loans, investors can access higher yields while minimizing the impact of defaults on individual loans, making diversification a key strategy in private credit investments.
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Founder Story: Percent by Nelson Chu
Today we have interviewed an amazing startup called Percent, which has revolutionized the private credit marketplace with its cutting-edge technology.
Founded in 2018, Percent is streamlining how investments and loans are managed in the private credit sector. Their platform brings the efficiency of public markets to the previously traditional and manual private credit market.
How to fund your fintech loan book with Nelson Chu
In this latest podcast, “How to Fund Your FinTech Loan Book with Nelson Chu”, Darren Franks chats with Nelson Chu, Founder and CEO at Percent.
Welcome back to Talking Success, one of the Best FinTech podcasts globally! Nelson provides valuable insights into the role of private credit in emerging markets and its potential to drive FinTech innovation and economic development. As technology continues to reshape the financial landscape, private credit investment offers new opportunities for businesses and investors to unlock growth and prosperity in emerging markets.
The promise behind investing in private credit, with Percent CEO Nelson Chu
Lex chats with Nelson Chu, founder and CEO of Percent - the modern credit marketplace. Nelson kicks off the discussion by walking through his inspiration for building the private credit marketplace and the challenges of operating in the fintech industry. He explains that Percent aims to provide a better alternative investment platform for credit investors by offering shorter durations and lower minimum investments. Nelson also discusses the importance of infrastructure in the private credit market and the need for technology to streamline processes.
Building a three-sided platform in Private Credit with Nelson Chu, CEO and founder of Percent
Nelson Chu, founder and CEO at Percent, spoke to Rudolf Falat, founder of the Voice of FinTech podcast, about the booming Private Credit market and how he built a three-sided platform in this space.
Bringing efficiency and access to private credit with Nelson Chu of Percent
Welcome to an insightful episode of PayPod. We dive into the dynamic world of private credit with Nelson Chu, founder and CEO of Percent. Six years ago, Percent was founded with a revolutionary idea to transform the Private credit market, and today, it stands as a testament to innovation and access in the alternative investment space.
Private credit’s time to shine with Nelson Chu
In this podcast episode, listeners are joined by Nelson Chu, the experienced serial entrepreneur and Founder/CEO of Percent, a modern credit marketplace. Nelson's journey began with his recognition of inefficiencies in private credit markets, sparking his mission to revolutionize the industry.
The impact of Fed policy, inflation and strength of the economy
George Catrambone, Head of Fixed Income at DWS, Lydia Boussour, Senior Economist at EY-Parthenon, and Nelson Chu, Founder and CEO of Percent join Jill Malandrino on Nasdaq TradeTalks to discuss the impact of Fed policy, inflation and strength of the economy on equity, fixed income and credit markets in 2024.
How the macro backdrop has impacted real estate and private credit markets
Elde Guerrier, Co-Managing Partner at Guerrier Development and Nelson Chu, Founder and CEO of Percent, join Jill Malandrino on Nasdaq TradeTalks to discuss how the macro backdrop has impacted real estate and private credit markets.