✉news BusinessBusiness first seen 7 h ago, last 7 h ago, peak #26
Stripe to Use FedEx Supply Chain Data for Small Business Lending
Original: Stripe to Power Small Business Underwriting With FedEx Supply Chain Data
Stripe will use FedEx supply chain data to help underwrite small business lending, according to a report by PYMNTS. The partnership would give Stripe additional data on merchants' shipping and logistics activity to assess creditworthiness, potentially expanding financing access for small businesses. Details on the scope and timing of the arrangement have not yet been disclosed.
Why now: The pairing of a major payments company with a global logistics provider is new and relevant to small business financing.
Evidence
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