Can't find it now but I remember reading about a recently launched Seedcamp or P... | Hacker News

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corford on Feb 8, 2020 | parent | context | favorite | on: Debt is coming to the tech industry

Can't find it now but I remember reading about a recently launched Seedcamp or Point Nine portfolio company that is doing this for B2C SaaS companies I think. You let them plug into your stripe metrics etc. and they then give you debt based financing (using AI/algos to determine amount and rate based on your numbers: churn, growth, recurring revenue etc.)

Androider on Feb 8, 2020 | [–]

Stripe themselves are also doing it now https://stripe.com/capital

The sums are pretty small right now, but the basic model is there.

thoughtstheseus on Feb 8, 2020 | [–]

Amazon does lending like this (I think). Tech moving into the merchant cash advance market has creating some innovative financings.

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