A Video Conversation with Nate Matherson, CEO and Co-Founder of LendEDU - Part VI

2/14/17

Nate Matherson

Click here for Part IPart IIPart IIIPart IVPart V

Helping individuals pay back their student loans through refinancing as low as 2.13%

Nate Matherson is the CEO and co-founder of LendEDU, an online platform for student debt refinancing. LendEDU allows its users to compare rates between 12 different student loan lenders, including SoFi, LendKey, iHelp, Education Success Loans, College Ave Student Loans, Upstart, and more. Nate started the company with his dormmate, Matt Lenhard, at the University of Delaware in 2014; since then, LendEDU has graduated the Iowa Startup Accelerator and Y Combinator business accelerator programs, and has been featured in media outlets such as The New York Times, The Wall Street Journal, CNN, Bloomberg, NPR, CBS News, Fox News, TechCrunch, and many others.


EDWIN WARFIELD: Where do you see LendEDU in five years?

NATE MATHERSON: That’s a really hard question. Back in the day, we used to treat every week and every day as its own little marathon. We used to have a day-to-day view, but it wasn’t up until the last six months where we could start to step back and think longer term about our business. Really, for the first time in our company’s history, we’ve been able to start planning for the next quarter, whereas we always used to plan for the next week.

I‘m still having trouble planning for the next quarter so, answering the question about where LendEDU is going to be in five years is difficult, but LendEDU in five years is not going to be a student loan-only company. We are positioning LendEDU now to make our way into other financial products like personal loans, bank accounts, and credit cards. We want LendEDU to become a company that helps consumers learn about all of their finances—not just student loans—and then helps consumer save money on all of their finances, and not just their student loans.

We believe that with our same technology we can help people save money on their student loans, their credit cards—their mortgages maybe one day in the crazy universe—but LendEDU five years from now is going to be a lot broader in the personal finance space than it is today.

Connect with Nate on LinkedIn

Sponsored by:

ABOUT NEWMARK GRUBB KNIGHT FRANK

Newmark Grubb Knight Frank (NGKF) is one of the world's leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF's 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents.

With roots dating back to 1929, NGKF's strong foundation makes it one of the most trusted names in commercial real estate. NGKF's full-service platform comprises BGC's real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.

NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC's common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com/.

Edwin Warfield, CEO of citybizlist, conducts the CEO Interviews.

If you're interested in reaching CEOs, please contact edwin.warfield@citybizlist.com

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