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I watched a five minute Loom video, I still don't understand... can you make an example of how a business would use this? imagine I'm five years old
by orliesaurus 3y ago
I watched a five minute Loom video, I still don't understand... can you make an example of how a business would use this? imagine I'm five years old
- jess-zhang 3y agoglad u asked for more context! for example, a fertility service provider can use Pier to launch "pay later" & financing for its patients. fertility treatments like IVF, egg freezing are typically $10-25k, not covered by insurance. another example, tiktok can provide working capital to its influencers based on predicted video quality, # of viewers, frequency of postings etc
- JCharante 3y agoWho takes the default risk and profit from the loan? Is it all the underwriting bank?