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Nick Chandi, CEO & Co-Founder of ForwardAI - Access, monitor, and manage business financials

Wharton FinTech Podcast

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How FWA Is Helping Small Businesses Make Smarter Decisions

Only 50-20% of applications get approved for small businesses. Banks don't want to spend any time there because it costs them $3,400 to look at one loan application. FWA is playing in all that their lending partners, they got access to the data. They also get an opportunity to share a subset of the data with the small business clients in the form of a cash flow planning platform.

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