Nick Chandi, CEO & Co-Founder of ForwardAI - Access, monitor, and manage business financials
Wharton FinTech Podcast
00:00
The Future of Cash Flow
More than $1 trillion is stuck in US economy at any given time. And we want to make it easier for small businesses to get access to funds. They shouldn't go for expensive solutions like merchant cash. We have so much innovation today in our space that lenders or banks should be able to look at the data in real time, pre-approve it and have funds in their account by end of the day. In most cases, I would like them to send funds in seconds, if possible. But if not seconds, maybe in a few hours, that may be acceptable.
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