Join Date
October 2024
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About Danilo Stern-Sapad
Launched several multimillion dollar businesses—one made hundreds of millions in revenue, one made millions in the first year alone and grew to tens of millions in revenue after two years, and another was acquired in less than one year. Was also part of the founding team of the most popular legal website on the Internet and created one of the most played online games in the world while still in high school, garnering over 40 million visitors per month.
Companies & Work
Blixo
Blixo offers fast, scalable, and more accessible short-term (3 months) supply chain financing in Southeast Asia (SEA). Blixo specializes in providing smaller loans (<$50k) with an AI-driven underwriting process (approval in <1 week). These loans have higher repayment rates and lower per customer risk. Blixo uses AI credit scoring based on real-time data such as cash flow and inventory, further reducing risk and streamlining repayment. Unlike traditional banks and recent FinTech entrants, Blixo can profitably finance the 74% of suppliers and retailers in SEA that otherwise would be overlooked by traditional lenders because they either lack a traditional credit score or need a loan under $100k.