Posted on January 12, 2018 by Nick Chandi
The lack of transparency in business data keeps most financial advisors, lenders, and investors up at night. And if you are an SME selling on credit, you must be feeling credit stress on a fairly regular basis. The world today needs a solution that can look at financial data and offer tools to ward off fraud to propel businesses to the next level.
PayPie is disrupting the way business is being done. Our credit risk analysis along with blockchain-powered publicly visible Credit Risk Scores is going to help millions of SMEs change their financial expectations. In a relatively short period, our platform is introducing a product and that has been out of reach to SME’s worldwide.
The alpha version of our platform is officially being launched on January 31, 2018, and we couldn’t be happier about it. Our whole team has been putting the highest effort and care to develop this wonderful way for SMEs to improve their realities. This alpha version will be solely focused on the credit risk assessment side so you can have a good taste of what’s to come. Alphas are known for being far from perfect, but we are very happy with the way the platform is behaving so far and we hope you will be too.
PayPie will not only analyze accounting data and apply Artificial Intelligence (AI) analytics to see whether a business will succeed or default, but will also support an entire ecosystem. Accountants will be able to give their clients actionable financial insights, lenders will be able to reduce underwriting times and costs, an investor in South Africa will be able to provide credit to a business in USA, all because of our cloud infrastructure powered by blockchain thus opening new doors for endless possibilities that reinvigorate the economy.
I would love to live in a decentralized world, but today we still need to integrate with the pre-existing global economy. That being said, we have already built the core framework that will allow us to focus on USA\Canada first and to expand globally in a scalable way based on our success in these markets. We are starting with the credit risk assessment side of the platform and we will share other details on further services at the right time.
We at the PayPie are very confident and excited about our vision. I have never seen a community and team more inspired, dedicated and talented than the ones we are blessed in having. Collectively, we will bring peace of mind to both SMEs and thousands of our supporters who are waiting for us to change the world.
PayPie, you will like it hot!
Keep up the good things paypie !