Possible Finance Reaches $125 Million Revenue Run Rate and First Profit, Expands Seattle Office as Founders Reunite
Seattle fintech Possible Finance achieved a $125 million revenue run rate and its first annual profit after pandemic challenges, including layoffs. The company is expanding its Seattle office and reuniting its founding team, with co-founder Prasad Mahendra returning to lead AI initiatives.
2026 GeekWire CEO of the Year Finalists Announced Across Fintech, Climate, Real Estate, and AI
The 2026 GeekWire Awards CEO of the Year finalists include Tony Huang of Possible Finance and others leading innovations in fintech, climate tech, real estate, and AI. The awards event takes place on May 7, with voting open through April 16.
Possible Finance and Lending Club Thrive Amid Rising Interest Rates by Serving Underserved Markets and Leveraging Banking Charters
Some tech-driven lending companies like Possible Finance and Lending Club are benefiting or remaining stable despite rising interest rates, as they cater to underserved or recession-resistant markets and have diversified revenue streams. Possible Finance expects growth fueled by increased demand for consumer credit among lower-income Americans, while Lending Club's banking charter helps buffer economic downturn impacts.
Organizations
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Possible Co-Founder & CEO 2017–present · current
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Axon Lead Product Manager 2014–2017, Head of Strategic Business Development 2013–2014, Leadership Development Program 2012–2013, Associate Product Manager 2011 · past
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Harvard University Idea Translation Fellow 2012, Research Assistant 2009–2010 · past
Education
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Harvard University A.B. · 2008–2012
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Boston Latin School 2002–2008
