5 Counter-Intuitive GTM Lessons from Uplinq’s Journey to Transform Small Business Lending

5 Counter-Intuitive GTM Lessons from Uplinq’s Journey to Transform Small Business Lending

Sometimes the most valuable GTM lessons come from companies that break all the conventional startup rules. In a recent episode of Category Visionaries, Uplinq founder Ron Benegbi shared how rejecting typical startup playbooks helped them gain unprecedented traction with conservative financial institutions.

Lead with Evidence, Not Promises

While most startups lead with grand visions and future promises, Uplinq took the opposite approach. “Don’t believe anything we say. Don’t believe any fintech. All fintechs are liars,” Ron shares, quoting his co-founder’s provocative pitch to prospects. Instead of asking for trust, they earn it through validation: “Let us prove it to you… Let us do a proof of concept, a back test. Let us take information. Let us go back three years, five years.”

This evidence-first approach transformed a typically months-long enterprise sales cycle into rapid adoption. “I’ve been selling to FIs for over 25 years and I’ve never seen some FIs and I mean some large FIs move as quickly as they’ve moved with us,” Ron notes.

Turn Market Constraints into Advantages

Rather than trying to change how financial institutions think about risk, Uplinq embraced their constraints. As Ron explains, they encountered banks under “tremendous pressure all the way up to the CEO level to grow our business book. However we are not allowed to change our risk models so how are we going to grow?”

By working within these constraints rather than fighting them, Uplinq helped one lender transform their business “from basically a 95% decline rate to a 60% to 70% approval rate” while staying within their existing credit framework.

Question the Build-From-Scratch Dogma

Breaking from startup orthodoxy, Uplinq chose to acquire and modernize proven technology rather than build from scratch. “For me to even to try to replicate what is in front of me here, what he’s done, this would take at least ten years. This isn’t something that I could just throw money at and two years later be in market with something,” Ron explains.

This approach gave them instant credibility with enterprise customers – something that typically takes years to build. The technology came with 15 years of market validation and over $1.4 trillion in lending decisions.

Prioritize Team Stability Over Speed

While many startups prioritize moving fast and breaking things, Ron learned the hard way that team stability matters more. “Made some mistakes… Spent some money, lost some money, I would say wasted some money. Not purposely, of course, but learned along the way.”

The breakthrough came when they focused on building a cohesive team rather than just filling roles quickly. “For the last eight months or so, ten months even, we have what I consider to be an incredibly stable environment where the team has just come together, gelled and really meshed as this cohesive unit.”

Define Success Beyond Traditional Metrics

Rather than focusing on typical startup metrics like revenue or customer growth, Uplinq measures success by their long-term impact and sustainability. As Ron explains: “If this company can sustain itself on its own without any one individual and certainly me as a CEO, then we’ve achieved our goal… if we’re able to show conclusively that we have positively impacted the lives of millions of families around the world… then to me, coupled with what I said earlier, that would be success.”

For founders challenging status quo thinking in regulated industries, these lessons offer a valuable alternative to conventional startup wisdom. Sometimes the path to disruption isn’t about moving fast and breaking things – it’s about moving deliberately and fixing what’s broken in ways that work within existing constraints.

Uplinq’s journey shows that in markets with high barriers to entry, the winning GTM strategy often involves embracing those barriers rather than trying to break them down. By leading with evidence over hype, working within constraints rather than fighting them, and focusing on stability over speed, they’ve achieved what many startups struggle with: rapid enterprise adoption in a highly regulated market.