In this episode of FOMO Sapiens, host Patrick McGinnis sits down with guest Carlos Hernandez, the founder of Crediverso, a legal tech company. Together, they delve into the world of generative technology and its impact on the legal industry.
Carlos shares his insights on how leveraging technology in the right way is crucial, and how his company uses generative technology in legal tech to address the specific needs of underserved communities.
They discuss the challenges faced by Hispanic small business owners and entrepreneurs, highlighting the importance of tools like My Pocket Lawyer in navigating legal issues on a daily basis.
The conversation explores the power of technology in simplifying and explaining legal matters in an easy-to-understand language, empowering consumers to make informed decisions.
Carlos reveals how their company utilizes generative AI to help customers populate documentation, apply for foreign driver’s licenses, and even scan contracts. Furthermore, Carlos provides a glimpse into the fundraising landscape and shares his insights on raising capital. He emphasizes the importance of showcasing growth, a solid team, and a clear understanding of the target market in attracting investors. The recent success of his company’s fundraising round, which raised an impressive $3.5 million, underscores the demand for accessible legal services.
Throughout the episode, Carlos emphasizes his company’s commitment to serving underprivileged populations, starting with the Hispanic community. He shares his personal experiences growing up in a community that was often overlooked and the motivation to create tools that address their unique challenges.
Join Patrick McGinnis and Carlos Hernandez on FOMO Sapiens for an informative conversation that will leave you inspired and thinking about the untapped potential of generative technology in the legal industry.
Meet our guest:
Carlos “Charlie” Hernandez is the founder and CEO of Crediverso. A Los Angeles native, Carlos is the grandson and son of Hispanic immigrants and grew up not only listening to stories but seeing first-hand how the U.S. financial and legal system affected the Hispanic immigrant experience.
Carlos has always been keenly aware that the system was not designed for the Spanish-speaking or Hispanic community, even though these individuals represent 20% of the U.S. population. By doing deeper research, he realized that across every financial and legal product vertical available, from credit cards and loans to contracts and legal needs, the adoption rates in the Hispanic community were far lower than those of the general market.
Carlos launched Crediverso to fix this and is on a mission to help the U.S. Hispanic community realize their American Dreams. Carlos is a Harvard undergrad, Law and Business school graduate. He is a registered attorney with the American Bar Association in California and a Licensed Real Estate broker with the California Bureau of Real Estate. Before launching Crediverso he served as Director of Latin America and Caribbean for MGM Resorts International.