In the story of the blind men and the elephant: “Each one feels a different part, but only one part, such as the side or the tusk. They then compare notes and learn that they are in complete disagreement.” The working capital finance market is like that. We can all agreeRead More
Post Tagged with: "Corporate Banking"
A few eons ago – well before Fintech was called Fintech – I was selling software to Banks that the Banks then used to offer Treasury services to Corporates. I got a lead from a Fortune 50 Corp. My management told me to forget it, but the Corp had budgetRead More
Banks serve Consumers and Corporates. (Banks don’t know how to service Small Business but that is another story). In this post I want to focus on Corporates (Global 2000). This includes; Debt (and maybe equity but that is more the domain of high growth ventures). Banks lend from their ownRead More
The Internet is good at matching, so those high M&A fees that power Wall Street will be disrupted. Buyers and sellers will find each other and wire transfers will flow. Well maybe, but the winning formula is not yet apparent. This is a tough business to disrupt for two reasons:Read More