#SME / Aussie startup unveils open banking-powered corporate credit card

… the card will incorporate three features designed to allow digital businesses to better manage their cash flow, whilst accessing finance to invest into growth.

It will use insights gained from live data sources, courtesy of open banking and accounting, that will unlock access to credit much faster and more cost-effectively through these three key features: Live credit file management; Buy now, pay later; and revenue-based finance repayments.

[Co-founder:] “… we have designed our solution to help small businesses in the digital community have access to much-needed resources when they need it – not when their bank says they can.”

https://www.finextra.com/newsarticle/36583/aussie-startup-unveils-open-banking-powered-corporate-credit-card