Peak Fintech CEO Johnson Joseph and ThreeD Capital CEO Sheldon Inwentash, Discuss First Transaction Into 60,000 Store Marketplace

How  do you connect over 100M small businesses in China who need access to  different kinds of credit …. with over 10K banks and lending  institutions that have different lending criteria? Well, if you try to do it the old fashioned way, you just can’t.   SMB’s (small and medium businesses) and Lenders are pretty much forced  to deal within local markets which drastically reduces alternatives and  business …. and both sides are left with a daunting, slow and  inefficient manual workload. ENTER PEAK FINTECH The Peak Fintech Lending Hub uses Artificial Intelligence and  analytics to fully automate the process by which lenders and borrowers  connect quickly and match perfectly across several market verticals. When Joseph and Inwentash say this AI-Powered platform is  revolutionizing the Chinese SMB commercial lending ecosystem, they’re  not just paying lip service … Peak Fintech is delivering results Reported revenue growth of 293% to $11.2 million for the first half of 2020 Targeting $40 million in revenues and $4 million in EBITDA for the 2020 year. Platform now has lending products from 54 different banks and lending institutions Signed Agreement To Bring Lending Hub To 60,000 Online Electronics Stores Stores would use Lending HUB to finance purchase of electronics inventory 100% market capture would translate into $1.35B in annual revenues Inwentash discusses what attracted him to PKK, what his interest is in the Company and what he sees for the Company’s future. Joseph also discusses new government regulations in China since the  Ant IPO was suspended and whether they would impact PKK, as well as, the  Company’s growth outlook for 2021. Watch this great interview!