Startup Funding Espresso Fintechs Role in Marketplace Businesses
Fintech\u2019s Role in Marketplace Businesses \xa0 Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. \xa0 Fintech can play an enabling role in a marketplace business. \xa0 In addition to matching suppliers and buyers on a platform, fintech tools enable additional services that provide stickiness to the business. \xa0 As the regulatory nature of fintech continues to constrain the growth of businesses, alternative financing becomes more prevalent. \xa0 Marketplace businesses can gain an advantage by using fintech-enabled tools. \xa0 Adding a fintech solution to the mix can enable a seamless buying experience for the user. \xa0 Fintech tools such as payment and loan facilities provide stickiness to the platform and a barrier to entry. \xa0 Fintech tools provide another revenue source by charging for the use of the payment facility. \xa0 Providing identity checks on suppliers attracts more buyers who want to know who they are buying from. \xa0 Offering insurance is another service marketplace businesses can provide. \xa0 Fintech tools provide additional revenue and stickiness to a marketplace business.\xa0 \xa0 Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let\u2019s go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0\xa0 For Feedback please contact info@tencapital.group\xa0\xa0\xa0 Please , share, and leave a review. Music courtesy of .