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” Solving data issues According to Nick Maynard , VP of fintech market research at Juniper Research , a lack of certain data sources has made improving access to finance an issue in developing countries. Because these fintechs tend not to be deposit-taking institutions, the systemic risk is seen as lower.
In the same way that Square built a payment-centric ecosystem for brick-and-mortar SMBs and micro-merchants, Stripe has reinvented online payment acceptance. Additionally, as Stripe moves into new product verticals like lending and corporate cards, it exposes itself to creditrisk and an uncertain interest rate environment.
In his 2016 annual letter to shareholders , Bezos outlined Amazon’s goal of expanding Amazon Lending: by continuing to work with partner banks to manage the bulk of the credit, the retailer can mitigate creditrisk and calm investor nerves. Its first entry point in the market was in payments in October 2014.
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