Founders: Avi Yalon, Nir Salomon
Commerce continues to move online, and while this transformation has changed the way small and midsized businesses sell their products, the infrastructure isn’t in place to provide SMBs with lending solutions. Tools don’t exist to assess smaller merchants’ credit risk, leaving lenders unequipped to sell them financing solutions. Payzday provides the data-driven tools that banks need to evaluate this growing market segment, and that merchants need in order to access lenders. The company’s unique system enables lenders to analyze marketplace seller credit worthiness by probing directly into their business. Meanwhile, online merchants receive competitive financing tailored to fit their needs.