What do you get when you combine Wall Street experience, Silicon Valley tech brains, and a healthy obsession with gaming? For Eric Xu and Albert Wang, the answer is Coverd—a fintech app that lets users play games to win money that goes toward paying off their credit card debt.
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It’s a bold idea: take one of the most painful aspects of adult life—financial debt—and gamify it. But for these two founders, it’s not just a gimmick. It’s a carefully engineered attempt to rewire the way people think about money, starting with the $1.1 trillion in credit card debt currently weighing down American households.
The origin story of Coverd reads more like a case study in problem-solving than a startup fairytale. Xu, a former…