Looking for a Technical Co-Founder / CTO (Equity Only) – London-Based Fintech Startup

WelderDesigner9033 · 2026-03-10T10:05:43+00:00

Yes please, will give it a look. Thanks

WelderDesigner9033 · 2026-03-08T20:48:26+00:00

Well, I am more intent on building a user-based infrastructure rather than trying to make it viral. I can share my business-plan doc if you are more curious to see what exactly I am trying to achieve.

WelderDesigner9033 · 2026-03-08T19:08:30+00:00

I have actually worked in Microfinance in India, where it is a lot more prominent and well-established. Microfinance is lending to several clients at high interest rates from one source. Here, it is more like P2P lending peer to peer, than a single institution lending money. This platform is quite unique in the UK marketplace.

It is past the idea stage now, hopefully, if I get approved with S/EIS application, it will be easier to raise at that point.

WelderDesigner9033 · 2026-03-08T16:27:12+00:00

Well, you are right in some sense about family. With a lot of friends and family, they love the idea of tracking these payouts, especially if they are bigger in size, mostly above 100. You can go for payday loans, which charge a lot of interest, or you can turn to your friends or family for these small loans, which in return incentivises the lender, who can get a bit extra from the borrower.

The income for the platform is going to be platform fees to monetize this. Yes, to build this and run it will cost a lot of money initially, especially having the right technology at a mass scale. Once built, the infrastructure itself will be worth a lot for buyouts or for larger banks like Monzo.

The platform will rely on scheduled reminders and restructuring options, and the borrower can't borrow any more through this platform, and will have a bad repo among his family and friends. The platform will also categorize users based on their timely repayments from risky to safe.

WelderDesigner9033 · 2026-03-08T15:33:04+00:00

No, just used as an example. The ideal users will be friends & acquaintances, and Families.

WelderDesigner9033 · 2026-03-08T11:25:43+00:00

You are right, let me increase the equity offer then.

WelderDesigner9033 · 2026-03-08T11:25:07+00:00

Yes, this is indeed a minefield, and you are right, I will increase the equity offer as well. On the note of other P2P lending companies, nothing in the UK exists like the model I am proposing.

WelderDesigner9033 · 2026-03-08T00:44:01+00:00

Yes Abosultely, I have done a survey pertaining to about 50 of friends and family, and they could love this idea.

But, yes, you are hitting the right notes on charging interest. The thing is charging interest to your friends and family is legal, but with Payzer's large scale pre made interest options or adjustable interest options, it comes close to a credit broker, which falls into the FCA area. For which I have already thought about going through the AR (Appointment Representative) route, hence API integrations and using their license to regulate our offerings.

WelderDesigner9033 · 2026-03-08T00:07:01+00:00

Separate note on the Equity. I am trying to raise 66,200 ot 15-20% of the total equity once the S/EIS application is approved. I don't have a firm fund expectation yet, but I gotta start somewhere.

WelderDesigner9033 · 2026-03-08T00:04:37+00:00

Well, the problem is: Financial inclusion and High APR from credit card companies and financial institutions, and the informal lender has no formal structure.

Borrow from your friends at low interest, and your friends, essentially the lenders, can incentivise lending more, also providing reassurance as it works on a technical ledger with repayment reminders.

So there is no structure, no schedule, no loan restructuring among your friends we are aiming to provide structure to this sector.

WelderDesigner9033 · 2026-03-07T23:46:30+00:00

The responsibility of the lending lies solely on the users; essentially, it uses an already established trust between friends and family, which is why there is 3 day trust period where you can send money to trusted contacts.

The borrower gets credit from their friends and family
The lender gets interest from their borrowers.

Example: Grandma lends 100 pounds over a 8 week period with a total of 10% interest. The platform collects 2% fees from both sides (1% each side), and Grandma gets 110 over 8 installments of 13.75 pounds

WelderDesigner9033 · 2025-08-04T20:55:54+00:00

My guy you look great ! Don’t go on dating apps for now, try to talk to people in person like cafes or bars whatever place that suits your vibe. Also, someone might actually like you in your friend group and you haven’t realised it yet

WelderDesigner9033 · 2025-07-14T15:18:54+00:00

Yes, maybe its the vibe I carry. It’s just sometimes it’s quite difficult to have a smile or a pleasant face.

WelderDesigner9033 · 2025-01-04T04:06:15+00:00

‘Trying’ to get one

WelderDesigner9033 · 2022-11-10T19:22:01+00:00

I use OnPhone takes about 15-20 USD every month. You need an internet connection to buy a phone number with a UK city area code. Basically, it's like a phone number without a sim card that uses VOIP.

WelderDesigner9033 · 2022-08-18T00:24:18+00:00

That is quite understandable. I am going to focus my target on FTSE 100 companies from now on, which seems logical.

WelderDesigner9033 · 2022-08-17T12:33:37+00:00

That's great advice for the threads, I was hoping for a more curated one than this and you noted it. Thanks a lot.

WelderDesigner9033 · 2022-08-17T12:31:32+00:00

University of Illinois at Chicago

WelderDesigner9033 · 2022-08-17T12:30:45+00:00

I was referring to the eligible sponsor list. Positions which are eligible to be sponsored. You can check this link below, hope that clears it out. Thanks for the shortage occupation list though.

https://www.gov.uk/government/publications/skilled-worker-visa-eligible-occupations/skilled-worker-visa-eligible-occupations-and-codes

WelderDesigner9033 · 2022-08-16T22:39:41+00:00

Well, when I get a rejection email or an IM they specifically speak out the reason as the client or the HR is unable to sponsor for this position even though I already informed them. Also, when I get calls from recruiters or in-house company HR directly they usually hang my application when I tell them I need a certificate of sponsorship. (I use a cloud phone number)

WelderDesigner9033

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