In this discussion, Luke Voiles, the CEO of Pipe, shares his journey from distressed credit investing to leading a modern capital platform. He elaborates on revenue-based financing, clarifying its benefits over traditional methods. Luke recalls his impactful experiences at Intuit and Square, revealing insights on organizational change and leadership. He emphasizes the significance of embedded finance in supporting small businesses and critiques common scaling missteps in the FinTech landscape. His focus on providing access to credit is both refreshing and vital for entrepreneurs.

Luke Voiles, the CEO of Pipe, discusses the challenges of small business lending and how Pipe is revolutionizing the space. He talks about their unique working capital product, the importance of payments data for underwriting, and why vertical SaaS companies are the new community banks. Luke also shares his thoughts on regulatory matters, including Section 1071 of Dodd-Frank, and explains how Pipe is accessing the capital they need to lend.