摘要: What moves the needle for digital lenders is serving loans to their respective customers. But where does this money come from? The pool is usually equity or debt. While some lenders use the former, it can be seen as folly because, over time, the founders tend to lose ownership of their businesses after giving out too much equity to raise capital for loans. Hence the reason why most lending companies secure debt facilities.
摘要: Another busy week brought fresh funding to the B2B FinTech arena, with expense management solution providers standing out from the crowd. But as more firms aim to control how employees spend money, it was a technology startup that focused on how professionals pay those employees that took the lead in this roundup.
摘要: Accounts receivable (AR) and accounts payable (AP) have historically been entirely separate functions in the back office. But FinTech innovators are beginning to explore the concept of bridging the gap between these two intrinsically connected workflows. After all: one company’s accounts receivable is another’s accounts payable.
摘要: Unstructured data, be it raw data from news articles and research reports, or images posted on social media, is growing exponentially. In fact, it is predicted that more than 80% of all new data is produced in an unstructured format, yet less than 1% of all unstructured data is analyzed or used in any way.