jess-zhang

curious how's this different from pingdom, datadog etc?

thank you! good callout there -- we've some flexibility w pricing (pay as u go vs more fixed costs) - some of our customers pay fixed AYCE like pricing, while others more variable based.

also, most existing solutions like canopy, peach are good for 'vanilla' use cases, but we keep getting demand from folks who wanna to do more flavors to be competitive & offer better user experiences (think chocolate, strawberry with cherries & sprinkles)

thank you for the support!!

thank you!! interesting to hear similar pain points from all diff parts of the world!

glad u asked for more context! for example, a fertility service provider can use Pier to launch "pay later" & financing for its patients. fertility treatments like IVF, egg freezing are typically $10-25k, not covered by insurance. another example, tiktok can provide working capital to its influencers based on predicted video quality, # of viewers, frequency of postings etc

neat idea! curious how you're planning to apply credit to this use case u mentioned here?

indeed, funny u say that! some of our customers are in fact replacing affirm ;)

ahhaha thx! for now we're more focused on end-to-end credit stack for the US (it's already a lot to keep us busy for a while!) would def be very open to international expansions down the line! saw some comments around similar pain points in UK, europe, etc

yup, it's pretty configurable & flexible to the customer's KPIs. i've got a more detailed explanation above about how we do underwriting & risk.

thx for the feedback!! we'll keep that in mind

we're not as familiar with that part & UK operations. what do u mean by "multi-entity" requirement?

yup totally! we can do most of the heavy lifting there to get you the licenses. we automate a lot of this w templates & also given our prior experiences getting these licenses and building relationships w regulators, so we know how to be fast/efficient here.

for in-state offices, there are 3rd party agencies to work with to set those up. also recently, some states like NV have passed laws to remove this bottleneck.

hahah thank you! funny enough alex & I both have worked for JPM before

We don't do collection. Our customers own the loan receivables and they have the option to decide how they want to handle collections. there's a lot of flexibility and options here, depending on their business model and incentives.

yup we can support both use cases!