Equity warrants. Capital calls. Off-balance-sheet accounts. SVB's unusual business model thrives on financing rainmakers and cutting-edge firms, but old-school issues like overconcentration, unpredictable fee income and stock market swings lurk in the background.
Jon Zanoff, managing director of Barclays New York Accelerator, has been coaching fintech startups for decades. He offers tips on how to make it as a fintech startup and run an effective accelerator.
LendingPoint, which caters to borrowers with damaged credit records, believes that traditional credit scores are overly pessimistic about the likelihood that certain borrowers will repay.
Young businesses often prefer banks, especially community banks, over online lenders. However, traditional lenders need to make quicker decisions, simplify the application process and make other improvements, these customers say.
