Tag: Finley

Finley (YC W21) is hiring to reimagine business credit (US remote)

Imagine running a retail business without knowing how much you’re paying your wholesaler for goods. Or running a restaurant without looking at the price of your ingredients. Or constructing homes without looking at the price of raw materials… you get the idea.

That lack of transparency would be frightening, but hey, things could still work out, right?

Well, let’s up the difficulty.

Imagine that, on top of not knowing exactly how much you were paying for your inputs, you also didn’t know if you would have consistent and continued access to your wholesaler, your food supplier, or your building materials. That would almost certainly induce high blood pressure, stomach ulcers, and mild insomnia.

In the world of private credit (this is basically business credit for the majority of companies), it’s not only normal but expected that getting and maintaining access to debt capital (one of the key inputs for running any business!) will be opaque, error-prone, and hard to operationalize. In other words, capital uncertainty is the dismal reality in middle-market finance.

Private credit is enormous (add up all the VC dollars spent last year and you’d still be short of the amount of private credit issued over the same period), unavoidable, and broken.

That means credit access–the fuel or primary financial input for most medium-sized businesses–is hard to price, access, report on, and predict.

And yet it doesn’t have to be that way; the data and operational issues of private credit have been solved in other domains (e.g., CRMs for Sales, infrastructure tooling for devs, EMRs for hospitals). What’s missing is a software layer for business finance.

Finley has built the system of record for private credit. We plug into all borrower source systems and automate reporting and analysis for private credit lenders. The result is full transparency into the cost and availability of capital, which gives businesses newfound financial predictability.

We’re a team of builders, designers, finance experts, engineers, and systems thinkers from top companies in finance and technology, and we’re backed by leading investors like Y Combinator, CRV, and Bain Capital Ventures.

We’re 2.5 years into our journey, recently raised a $17 million Series A, and already managing over $3 billion in private credit.

It’s still Day 1, though. The challenges we’re taking on will reshape the economy over the next decades, and we’d love to partner with team members who share our passion for innovation and company-building.

To learn more, check out our Careers page here: https://www.finleycms.com/careers/

Comments URL: https://news.ycombinator.com/item?id=36410522

Points: 1

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Finley (YC W21) is hiring for credit and fintech experts across all teams

Imagine running a retail business without knowing how much you’re paying your wholesaler for goods. Or running a restaurant without looking at the price of your ingredients. Or constructing homes without looking at the price of raw materials… you get the idea.

That lack of transparency would be frightening, but hey, things could still work out, right?

Well, let’s up the difficulty.

Imagine that, on top of not knowing exactly how much you were paying for your inputs, you also didn’t know if you would have consistent and continued access to your wholesaler, your food supplier, or your building materials. That would almost certainly induce high blood pressure, stomach ulcers, and mild insomnia.

In the world of private credit (this is basically business credit for the majority of companies), it’s not only normal but expected that getting and maintaining access to debt capital (one of the key inputs for running any business!) will be opaque, error-prone, and hard to operationalize. In other words, capital uncertainty is the dismal reality in middle-market finance.

Private credit is enormous (add up all the VC dollars spent last year and you’d still be short of the amount of private credit issued over the same period), unavoidable, and broken.

That means credit access–the fuel or primary financial input for most medium-sized businesses–is hard to price, access, report on, and predict.

And yet it doesn’t have to be that way; the data and operational issues of private credit have been solved in other domains (e.g., CRMs for Sales, infrastructure tooling for devs, EMRs for hospitals). What’s missing is a software layer for business finance.

Finley has built the system of record for private credit. We plug into all borrower source systems and automate reporting and analysis for private credit lenders. The result is full transparency into the cost and availability of capital, which gives businesses newfound financial predictability.

We’re a team of builders, designers, finance experts, engineers, and systems thinkers from top companies in finance and technology, and we’re backed by leading investors like Y Combinator, CRV, and Bain Capital Ventures.

We’re two years into our journey, recently raised a $17 million Series A, and already managing over $3 billion in private credit.

It’s still Day 1, though. The challenges we’re taking on will reshape the economy over the next decades, and we’d love to partner with team members who share our passion for innovation and company-building.

To learn more, check out our Careers page here: https://www.finleycms.com/careers/

Comments URL: https://news.ycombinator.com/item?id=35385721

Points: 1

# Comments: 0

Finley (YC W21) is hiring across all teams to build capital markets software

Imagine running a retail business without knowing how much you’re paying your wholesaler for goods. Or running a restaurant without looking at the price of your ingredients. Or constructing homes without looking at the price of raw materials… you get the idea. That lack of transparency would be frightening, but hey, things could still work … Continue reading Finley (YC W21) is hiring across all teams to build capital markets software

Finley (YC W21) is hiring across all teams to build capital markets software

Imagine running a retail business without knowing how much you’re paying your wholesaler for goods. Or running a restaurant without looking at the price of your ingredients. Or constructing homes without looking at the price of raw materials… you get the idea.

That lack of transparency would be frightening, but hey, things could still work out, right?

Well, let’s up the stakes.

Imagine that, on top of not knowing exactly how much you were paying for your *inputs*, you also didn’t know if you would have consistent and continued *access* to your wholesaler, your food supplier, or your building materials. That would almost certainly induce high blood pressure, stomach ulcers, and mild insomnia.

In the world of private credit (this is basically business credit for *all* companies that aren’t publicly traded behemoths or small businesses), it’s not only normal but *expected* that getting and maintaining access to debt capital (one of the key inputs for running any business!) will be opaque, error-prone, and hard to operationalize. In other words, supply chain uncertainty is the dismal reality in middle-market finance.

Private credit is enormous (add up all the VC dollars spent last year and you’d still be short of the amount of private credit issued over the same period), unavoidable, and broken.

That means credit access–the fuel or primary *financial input* for most medium-sized businesses–is hard to price, access, report on, and predict.

And yet it doesn’t have to be that way; the data and operational issues of private credit have been solved in other domains (e.g., CRMs for Sales, infrastructure tooling for devs, EMRs for hospitals). What’s missing is a software layer for business finance.

Finley has built the system of record for private credit. We plug into all borrower source systems and automate reporting and analysis for private credit lenders. The result is full transparency into the *cost* and *availability* of capital.

We’re a team of builders, designers, finance experts, engineers, and systems thinkers from top companies in finance and technology, and we’re backed by leading investors like Y Combinator and Bain Capital Ventures.

We’re two years into our journey and our software helps companies manage over $3 billion in private credit, but it’s still Day 1.

The challenges we’re taking on will reshape the economy over the next decade, and we’d love to partner with team members who share our passion for innovation and company-building.

To learn more, check out our Careers page here: https://www.finleycms.com/careers/

Comments URL: https://news.ycombinator.com/item?id=33707952

Points: 1

# Comments: 0

Finley (YC W21) is hiring fintech software engineers (US remote)

[Job Posting]

When you pay for a coffee by tapping your credit card, the card and card reader exchange key transaction information and kick off a series of data and compliance checks between your card issuer and the merchant.

For example, the payment processor might want to check that the card is legitimate, that the transaction amount is accurate, and that the transaction has been properly recorded in the card provider’s database.

All of these checks happen in a matter of seconds, and they’re enabled by secure standards that enable programmatic data transfer and verification.

But when businesses try to access funds they’ve already been approved for, these same types of checks can take over a week for banks and capital providers to process and execute. That friction–and hold-up in funds–can blindside a business.

It turns out that all the table-stakes aspects of consumer credit–fast transactions, programmatic data checks, and ease of use–are still missing in business credit, even though business credit is a much larger chunk of the economy.

At Finley, we’re building modern software to streamline, secure, and record all the transactions between businesses and their capital providers. Just a year and a half after launching, we’re managing over $2 billion in debt capital for innovative companies like Ramp, Even, and Ribbon.

Now, our team is hiring for software developers (US remote) interested in building B2B financial infrastructure. If you’re interested in learning more, check out https://www.finleycms.com/careers/ or email your resume to contact@finleycms.com.

Comments URL: https://news.ycombinator.com/item?id=31585107

Points: 1

# Comments: 0

Finley (YC W21) is hiring fintech experts to transform debt capital management

Article URL: https://www.finleycms.com/careers/ Comments URL: https://news.ycombinator.com/item?id=28229152 Points: 1 # Comments: 0 The post Finley (YC W21) is hiring fintech experts to transform debt capital management appeared first on Get Funding For Your Business And Ventures. The post Finley (YC W21) is hiring fintech experts to transform debt capital management appeared first on Buy It At … Continue reading Finley (YC W21) is hiring fintech experts to transform debt capital management