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Congrats @jess-zhang ! Why charge a monthly minimum and not just take a larger % of loan volume to make it more accessible to early stage Fintechs? Those who
by VinLucero 3y ago
Congrats @jess-zhang !
Why charge a monthly minimum and not just take a larger % of loan volume to make it more accessible to early stage Fintechs?
Those who are funded well enough to cover $10k monthly expenses can likely afford to go straight to some combination of LendFlow, LoanPro, Canopy, Peach, etc.
- jess-zhang 3y agothank you! good callout there -- we've some flexibility w pricing (pay as u go vs more fixed costs) - some of our customers pay fixed AYCE like pricing, while others more variable based. also, most existing solutions like canopy, peach are good for 'vanilla' use cases, but we keep getting demand from folks who wanna to do more flavors to be competitive & offer better user experiences (think chocolate, strawberry with cherries & sprinkles)