Andrew Deringer

Balancer
DISC Type : S

Chief Financial Officer at Best Egg

Columbus, Ohio Metropolitan Area, United States

Overview

Andrew Deringer is the Chief Financial Officer at Best Egg, a leading FinTech company. An MBA from The University of Chicago Booth School of Business, his expertise spans capital markets, corporate finance, and investment banking. He has a demonstrated history of raising capital and advising institutional investors.

He recently helped lead Best Egg through its agreement to be acquired by Barclays, a significant strategic move combining its lending business with a global bank.

Personality Overview

Empathetic

Risk-Averse

Slow To Decisions

They like following the process even if it takes time to reach any conclusion.  They are courteous and respectful but practical. They are comfortable taking long term decisions.

Topics They Care About

FinTech Capital Markets
His career at Best Egg and previously at LendingClub has focused on raising capital and managing relationships with banks and institutional investors.
Strategic Acquisitions
He was a key part of the recent leadership team that guided Best Egg into an acquisition agreement with global banking giant Barclays.
Flexible Rent Solutions
He has expressed excitement about the company's partnership with AppFolio to innovate in the flexible rent payment space, showing an interest in PropTech.

Media Appearances

Andrew has no verified media appearances

Work History

6-2023
Chief Financial Officer at Best Egg
12-2019 - 6-2023
Chief Capital Officer at Best Egg
2-2018 - 6-2023
Advisor at Hyperion Motors
1-2018 - 1-2020
Advisor at LOUD Capital
1-2014 - 12-2019
Senior Vice President, Head of Institutional Sales Group at LendingClub

Education

MBA from The University of Chicago Booth School of Business
Bachelor of Arts from Eckerd College

More Information

Social Presence :

Prographics :

Exp : 17 Location : Columbus, Ohio Metropolitan Area, United States Job Level : Leadership Designation : Chief Financial Officer at Best Egg
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Insights For Selling To Andrew

During A Call Or A Meeting

DO's

  • Be very observant about how they perceive the risk in the decision
  • Encourage them to invite other key stakeholders for discussions
  • Focus on making them comfortable before really commencing the sales motion

DONT's

  • Ensure that you don’t seem disinterested when speaking to them
  • Skip mentioning details that are confusing
  • Do not sound very transactional, make extra effort to be genuinely interested

When Cold Calling

When Writing An Email

While Negotiating & Closing

    The secret to closing fast with Andrew is

  • Low-risk, adoption by others and strong collaterals matter the most to them.
  • Will you ever get a clear answer from Andrew

  • They never refuse directly, they push out the decisions or just go quiet.

Insights For Deal Planning

    How fast (or slow) will Andrew move?

  • They can be some of the slowest decision makers.
  • Can Andrew take some risk or not?

  • They have no risk-appetite and prefer to take safe decisions.

You And Andrew

Personality Compatibility


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