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Paynet Founder Joins FinanceApp as CEO

FinanceApp, private label vendor finance platform, announced today the addition of Dan Michalek as the company’s new Chief Executive Officer. As the founder of PayNet, Inc., Michalek brings decades of finance and business lending experience to the table. Michalek is a seasoned technology leader and a serial entrepreneur, having started multiple companies with over 25 […]

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The battle between banks and fintech start-ups. Who will win?

Before the downturn in the economy, 80% of small businesses found financing at their banks. Only after being rejected by the banks, small business owners turned to the internet to look for alternatives. Today, about 80% go online first, and a big portion of those – 60% – do it from a mobile platform. What’s […]