FinTechs Prove Their Value During Pandemic
PYMNTS
NOVEMBER 30, 2020
Bakers open bakeries because they like to bake — they don’t like to do accounts receivables and accounts payable and balance their books,” he said. He cited American Express’s acquisition three months ago of online lender Kabbage as an example. Credit is phenomenal — it’s a lifeline when you don’t have [money],” he said.
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