Within 18 months, Justin built and sold his 1st company that he scaled from zero revenue to six figures before selling his social media marketing agency to a family office. Now on his 2nd company, and only at 21 years old, Justin is disrupting the banking space with a forward thinking, groundbreaking and a multi-focused approach to the financial industry.
Alchemy, Justin’s latest venture, is a peer2peer lending platform, built on the blockchain that utilizes artificial intelligence to score potential lendees, solving individuals’ financial inflexibility. Alchemy leads the industry by having an answer to the default and credit risk problem. Alchemy pools the loans from the platform into a CDO and then tokenizes the CDOs to diversify the risks. This enables individual participation of those with lower income levels and increases their liquidity while expanding the CDO market.