I've spent 20 years building and running consumer lending businesses in Europe and Southeast Asia. I co-founded Tunaiku, the digital lending arm of Indonesia's Amar Bank, which IPO'd in 2020, and co-founded Aasa Group, which I ran as Group CEO to a €200M balance sheet across Finland, Poland and Sweden, including leading it through a debt and equity restructuring. In 2020 I founded Income Marketplace, a private credit platform that has now facilitated over €250M, where I currently advise. My experience is operational: underwriting, scorecards, collections, funding and regulation, through a full credit cycle. I comment on consumer and SME credit, BNPL economics, embedded lending, private credit, defaults and credit cycles, fintech M&A, and how AI is changing credit workflows, includ...