Meet Luan Cox: founder and CEO of FinMkt, a best-in-class multi-lender platform and point of sale solutions provider that has processed billions of dollars in loan application volume.
Point-of-sale financing is an old-fashioned form of credit that is finding fans among younger consumers. Millennials appreciate the transparent rates (nearly half of millennials say they do not know what interest rates their credit cards charge) and fixed terms, while merchants appreciate higher sales and greater customer loyalty. Investors have warmed up to the space as well.
A pioneer in fintech before the word “fintech” existed, Luan helped build Quote.com and Stockpoint in Silicon Valley during the 1990s when few companies were leveraging technology in the financial sector. Quote.com (with Stockpoint quickly following) was the first to put stock quotes on the internet, effectively revolutionizing how financial data was accessed. Both platforms grew to include financial research, investment analytics and portfolio applications before being acquired by Interactive Data Corporation (now, part of the Intercontinental Stock Exchange/NYSE).
Luan is intensely passionate about fintech and leading the development of a new generation of innovative financial technologies. As a successful entrepreneur in a male-dominated field, Luan understands the importance of having the support of peers. For the past several years, Luan has shared her expertise through Techstars, a global network of entrepreneurs, experts, mentors, alumni, investors, and community leaders to help entrepreneurs succeed. In 2019, Ms. Cox was named to NYC FinTech Women’s Inspiring Fintech Females list in recognition of her outstanding leadership and support of the community of women in financial technology.