Browsing Tag
fintech
14 posts
WJR Business Beat: Detroit is On The Leading Edge of FinTech Apps (Episode 308)
On today’s Business Beat, Jeff discusses the FinTech trend and Detroit's role in its popularity. Tune in to the Business Beat, below, to learn about financial technology apps: Tune in to News/Talk 760 AM WJR weekday mornings at 7:11 a.m. for the WJR Business Beat. Listeners outside of the Detroit area can...
3 Fintech Founders Share How They Are Closing the Racial and Gender Wealth Gaps
The racial and gender wealth gaps remain a major source of inequity in the United States. Three entrepreneurs in the finance technology space are choosing different paths to solve these issues by using digital tools and data to improve financial inclusivity. Learn how each are creatively fighting to close gaps from helping underrepresented job candidates...
WJR Business Beat with Jeff Sloan: Mortgage Startup Tomo Streamlines the Way We Buy Homes (Episode 138)
There's a new FinTech startup in the real estate industry, and it's just secured $40 million in seed funding. Tomo, founded by former Zillow executives, Carrie Armstrong and Greg Schwartz, aims to change the way that Americans buy homes. “Mortgage is a massive distributed, important market, and we're going to delete it. We plan to address...
Why Fintech Startups Fail (and How You Can Avoid These Mistakes)
Fintechs are one of the hottest trends in the tech industry today. It seems as though everywhere you turn, there’s a new startup trying to get you to open a digital account or use their app to pay for goods and services. These companies are riding the wave of the digital revolution and seek to revolutionize...
4 Options for Funding Your Startup Without Losing Your Sanity
Most startup founders know that a great idea alone is worth nothing. Executing a great idea (and making it better) is the real job of an entrepreneur. It isn’t always pretty, as building a business takes long hours, late nights, elbow grease, and, of course, capital. Obtaining the cash flow needed to start and grow...
5 Industries With the Most Opportunities for Tech Startups
In 2017, Forbes compiled a list of the Next Billion Dollar Startups, revealing companies poised to become the fastest-growing within their industry. Of the startups profiled, 70 percent comprised the fintech, healthcare and biotech, data and analytics, logistics and new space industries. While many entrepreneurs may already have an understanding of these tech-related industries and what they...
How Fintech is Helping Startups with Their Cash Flow
Have you ever considered how your inability to access cash when you need it is impacting the growth of your business? Even if your startup is profitable and performing well, just imagine what you could do if your cash could circulate faster. Far from just restricting growth, the failure to manage cash flow properly is...
The Small Business Loan Revolution is Here
The economy is back, and it’s ready to lend a hand If you’re like most small business owners, you’ve been on quite the roller coaster for the past several years. You pinched pennies, made sacrifices and deferred capital investment projects. Finally, your patience has paid off. With the economy back on a roll, entrepreneurs and...
Business Builder E-Book Series: Finance Fundamentals [Free Download]
StartupNation’s Business Builder e-book series provides you with a FREE downloadable guide to help you start, grow or manage your business. In this Finance Fundamentals e-book, you’ll learn key insights into raising and managing finances for small business. After developing the idea for your startup, now comes the difficult part: financing your project. Click here...
5 Ways Fintech Helps Support Startups
Fintech is simply a term that refers to advances in financial technology. This technology helps with banking, lending, payments and much more. Fintech is meant to make financial services more efficient, and it also makes them much more useful and more accessible to startups. 5 ways fintech benefits small businesses Consider some of the ways this...
How the World of Fintech is Changing Finance for Entrepreneurs
Part of my job as a millennial money expert is to stay up to date on all the changes going on in the world of finance. One of the areas in which I’ve seen some radical change is in the world of Fintech. In a relatively short amount of time, Fintech has managed to revolutionize...
Why Millennials Are Taking on Entrepreneurship
Millennials have been getting some serious hate in the media for years, but they also have a lot of fans for their love of entrepreneurship. Forbes called them the “true entrepreneur generation,” Fortune noted how millennials have launched twice as many businesses as boomers, and American Express claimed millennials may be the most entrepreneurial generation ever....
Fintech, Venture Capital and Your Company
Venture capitalists have moved on from social media apps and photo filters. The new interest is financial services, especially lending. This may create new options for small businesses looking for new sources of funding. The PwC/NVCA MoneyTree Report of Venture Capital shows that financial services investments are a strong part of the overall venture capital...
Which Funding Source is Best for Your Business?
Before exploring the topic of traditional banks versus online lenders as a source of startup funding, it's interesting to learn where typical startups get their funding today. While no two startups are exactly the same, founders might gain valuable insight by learning how other new companies have raised the capital to manage daily operations and...