He Quit His Job to Build a FinTech Company – with Kiley Summers

Kiley Summers is the co-founder and CEO of SpenDebt, a mission-driven fintech company helping people pay off debt through micropayments tied to everyday purchases. After personally climbing out of $140K in consumer debt alongside his wife, Kiley turned that lived experience into a solution now changing lives across the country.

In this episode, Kiley shares how growing up with a single mother shaped his views on money, what it took to leave his corporate job to launch a startup, and why financial transparency in relationships is a game-changer. He also breaks down how SpenDebt works, the power of the debt snowball method, and the importance of building financial literacy in underserved communities.
A powerful conversation on faith, family, and finances—this one will shift how you think about debt, marriage, and legacy.

In this episode:
00:00 Introduction
00:29 Childhood Memories and Gratitude
01:33 The Journey to Founding SpenDebt
03:06 Financial Struggles and Realizations
06:39 Debt Snowball Strategy
08:37 The Importance of Financial Conversations
13:37 The Birth of SpenDebt
18:14 The Turning Point: Answering Key Questions
19:05 Founding SpenDebt: The Journey Begins
19:48 Understanding SpenDebt's Micropayment System
23:01 The Personal Connection: Building for My Mom
24:59 Financial Communication in Relationships
29:57 Advice for Young Adults: Financial Literacy
32:18 Call to Action: Taking the First Steps
37:57 Final Thoughts and Gratitude

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This podcast is sponsored by Construct Reach.

As a workforce development initiative that builds reachable opportunities through construction, ConstructReach increases the visibility of the construction industry by educating students about career opportunities within construction, connecting general contractors to interns and innovative internship curricula, creating content and experiences to expose a diverse population to sustainable construction careers, and uniting stakeholders to ensure the construction industry continues to thrive.

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