Payments Innovation

Ricardo Pero is changing the landscape for how and where small to medium businesses find capital funding.

In 2016, he left JP Morgan to start SellersFunding. We got a chance to sit down with Ricardo to learn all about his inspiration behind starting his company and how his product will transform funding for these important enterprises.  

From lead time to risk assessments, big banks and cash advance merchants have made it really difficult for these startups to get the funding they need.

When your industry is growing on average 15-20% year over year, it doesn’t matter how good you are or how great your product is, you’re going to have an issue with your budget. And SellersFunding is stepping in to fill in the gap with an integrative solution to solve this once and for all.

Hosted on Acast. See acast.com/privacy for more information.

There’s no getting around it.

It’s tough to enter a foreign market.

From the application process to the fees to the language barriers; it can be a balancing act.

We had the opportunity to chat with someone who knows this journey all too well. Marcus Shin from WireBarley answered all of our questions regarding entering a foreign marketplace with an M2M business model. In this episode, w

Hosted on Acast. See acast.com/privacy for more information.

Rick Lynch is the senior vice president for business development at Verifi. He got into the payments industry in 1999, and has been innovating in the space ever since. We sat down with Rick on this week’s episode of Payments Innovation to learn more about what Verifi is doing to shake up the industry and equip business owners to take control of their chargebacks. 

They’re creating post-authorization tools to help reduce risk and loses after the sale by preventing and fighting chargebacks, preventing customer disputes, and any other negative events that happen after the sale. While most of the vendors you see in the marketplace today are really focused on before-the-sale, Verifi is focused on the opposite--and it’s really working out in their favor.

Hosted on Acast. See acast.com/privacy for more information.

Government grants nearly equate to free money for businesses. Owners and founders don’t have to dilute their equity by taking on investors, and, usually, there’s no requirement to pay back any money. Plus, there is a lot of it. North of $200B a year, in the US, Canada, and the UK alone.

How can companies access these pools of cash? We asked Teri Kirk, founder of Funding Portal how businesses can access this money and write winning grant requests. She told us how on this episode.

Hosted on Acast. See acast.com/privacy for more information.

Has your company considered Point of Sale financing?

Here’s a better question: does your company even know what Point of Sale financing is? And how it could benefit your business by bringing in more customers, allowing them to potentially spend more money with you?

On a recent episode of the Payments Innovation podcast, we sat down to chat with Daniel Shain, co-founder at Credit Genie, for a discussion around why businesses choose Point of Sale Financing, why customers choose Point of Sale financing, and why it may just lead to bigger profits for your organization.

Hosted on Acast. See acast.com/privacy for more information.

If you’re like most entrepreneurs, you probably double-down on your personal skill set, pursuing those pieces of your business(es) that you’re most passionate about. The other areas of the business, whether it be HR, legal, or financial, may not get the attention they need.

That’s where entrepreneur Marc Alloul found himself.

He’s a physicist engineer who left a $12B enterprise in 2000 to start his own company.

He quickly found there was no real user-friendly budgeting platform built for high-level, fast-moving entrepreneurs who don’t necessarily have a background in finance or accounting.

So, he started Budgeto. In a nutshell, it’s a budgeting software program developed for entrepreneurs to get a budget up and running with just a few clicks. Currently, 35 thousand budgets are on the platform.

This episode explores Budgeto’s features, why it was started, and who’s using the platform.

Hosted on Acast. See acast.com/privacy for more information.

On this episode of the Payments Innovation podcast I sat down with Andrew Graham to get an inside look at what his team did to generate additional revenue, increase customer satisfaction, and improve efficiency in their company.

Andrew is the Co-founder and CEO at Borrowell, a Canadian Fintech company helping consumers with their credit decisions. Andrew is also a Harvard MBA and is member of the Fintech Advisory Committee.

Hosted on Acast. See acast.com/privacy for more information.

On another episode of Payments Innovation podcast, we interviewed Rafael Lourenco, Executive Vice President, at ClearSale.  Many merchants think of fraud prevention as a technical decision, but it’s much more than that.

In this episode, Rafael explains why fraud management can drastically affect a business’s revenue, costs, CX, and overall bottom line.

Hosted on Acast. See acast.com/privacy for more information.

On another episode of Payments Innovation podcast, we interviewed Brian Billingsley, Chief Revenue Officer, at Modo.

Brian talked about how Modo adds value to customers and why Modo is set apart from its competitors.

Hosted on Acast. See acast.com/privacy for more information.

When you grow up in a family of small business owners, it’s as if you’re raised with a unique sense of empathy for this special kind of entrepreneur. So much so that you usually become one yourself.

That’s the story of Eytan Bensoussan. He grew up watching his grandparents faithfully work in their business day in and day out. But he noticed a pattern that didn’t sit well with him. At the end of a long day running their business, his grandparents would retreat in their home to do their bookkeeping. They’d sit and work on payroll, invoices and all the other financial responsibilities that fell on them.

That’s why he founded NorthOne, a small business banking service built on the idea that API’s should power the future of banking. The kind of banking that will be mobile first. He wanted to create a way to remove as much of the financial “busy work” as possible from small business owners.

Hosted on Acast. See acast.com/privacy for more information.