It lets other businesses such as software companies sell their future recurring revenue to large institutional investors for cash the borrowers can spend immediately.
Add some crypto to the mix and that's a recipe for disaster.
That model sounds like something only leading to horrible things...
But they are a middle-man company selling shovels. So with proper connections and management it is not horrible model. If there is demand on side supplying the loans.
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Add some crypto to the mix and that's a recipe for disaster.
That model sounds like something only leading to horrible things...
But they are a middle-man company selling shovels. So with proper connections and management it is not horrible model. If there is demand on side supplying the loans.