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Can Better, Digital Credit Help SMBs Thrive?

PYMNTS

When food delivery startup Munchery closed its doors in January, it literally left dozens of small businesses holding the bag. As much as 24 percent of monthly revenues for SMBs are tied up in accounts receivable or trade credit, which stymies cash flow. Just take the recent story of Three Babes Bakeshop in San Francisco.

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The Coming Millennial FinTech Crisis

PYMNTS

Those kids took lower-paying jobs just to have one — the undergrad in art history from Colby who took a job as a barista at Starbucks or underpaid member of a starving startup team — while others stayed in school longer since they couldn’t find even so much as that. For instance, what does it mean for a millennial to be a good credit risk?