The Bootstrapped Fintech That Is Funding $250MM in Canadian Business w/ David Gens

10/08/19 • 17 min

For many businesses, the 2008 financial crisis was a death blow. But for at least one opportunistic entrepreneur, it was the moment he made a game-changing dive into a fintech business.

David Gens is the Founder, President, and CEO of Merchant Growth, a fintech specializing in delivering financing to small retail businesses in Canada.

David joined me on the Payments Innovation podcast to share how he’s leveraging AI to deliver game-changing financing to small business.

What we talked about:

How the 2008 financial crisis impacted financial services
Traditional financial institutions aren’t really competitors anymore in the small business financing arena
David’s first challenge was building trust with small business owners
David alleviated some of the trust issues by partnering with big-name logos
Merchant Growth’s financing structure: built on data
Leveraging AI to drive financing
One fintech CEO’s predictions about the financial services
Small retail businesses needed a new funding source after the 2008 financial crisis

To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here.

Until next time!

Hosted on Acast. See acast.com/privacy for more information.

For many businesses, the 2008 financial crisis was a death blow. But for at least one opportunistic entrepreneur, it was the moment he made a game-changing dive into a fintech business.

David Gens is the Founder, President, and CEO of Merchant Growth, a fintech specializing in delivering financing to small retail businesses in Canada.

David joined me on the Payments Innovation podcast to share how he’s leveraging AI to deliver game-changing financing to small business.

What we talked about:

How the 2008 financial crisis impacted financial services
Traditional financial institutions aren’t really competitors anymore in the small business financing arena
David’s first challenge was building trust with small business owners
David alleviated some of the trust issues by partnering with big-name logos
Merchant Growth’s financing structure: built on data
Leveraging AI to drive financing
One fintech CEO’s predictions about the financial services
Small retail businesses needed a new funding source after the 2008 financial crisis

To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, or Spotify, or here.

Until next time!

Hosted on Acast. See acast.com/privacy for more information.

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Introducing Brady Burkett

As a Business Development Rep, Brady is experienced in enterprise-level solution selling with determination to learn and master complex industries.

With years of experience Brady has worked for Healthify, TruClinic, and Better before joining the Currencycloud team.

In this episode we welcome Brady to the hosting team at the Payments Innovation podcast.

Hosted on Acast. See acast.com/privacy for more information.

Next Episode

The Fintech Accelerator and Middle America w/ Nikkee Rhody

A lot of people ignore the middle part of the United States.

The “flyover” states, as they’re called, get a bad rap. They’re ignored for the likes of New York, LA, Silicon Valley, and Austin.

But there is so much happening in Middle America. Incredible things really.

On this most recent episode of the Payments Innovation Podcast, we sat down with Nikkee Rhody, Vice President of Product Development and Marketplace Strategy at Central Payments, and Co-Founder and Managing Director at Falls Fintech.

We talked about Middle America, what’s going on with Falls Fintech, a fintech accelerator, and what their plans are for the coming year.

Hosted on Acast. See acast.com/privacy for more information.