While the BaaS space is having a moment right now, there are some banks, like Pathward, that continue to serve their many fintech clients successfully.
In this episode we talk with Evan Singer, the CEO of SmartBiz, about the state of small business lending today, what we learned from the PPP, how they partner with banks and more.
The small dollar lending space is starting to see some real innovation. After banks have basically ignored this population for years, with the gentle push from regulators, some are now entering the space for the first time. One of the companies that is helping to enable this shift is OppLoans.
There never been an environment like this for consumers. Even with some government assistance many people are struggling like never before, struggling to pay their rent, put food on the table and to pay back their loans. There are resources all over the country to help people in need but sadly not enough people know about them.