One Does Not Simply Make a Payment

Startups today have more opportunities than ever before, with funding available to match their ambitions. In this episode of The Yield, Yieldstreet’s Peter Kerr, CFA and Plooto Co-Founder and CEO Hamed Abbasi discuss the future of B2B payments. As payment management platforms automate and streamline this process there are greater implications for underlying consumers and investors.  Plooto is an all-in-one B2B payments and receivable platform that provides greater financial control. Key Takeaways:[1:25] 70% of small businesses fail due to poor cash management, and Plooto is working to change that. [6:00] Defining SMBs and the factors that lead to their likelihood of succeeding. [12:08] A certain level of financial skills are necessary to succeed in any business. [15:12] Major challenges facing SMBs and expansion opportunities for Plooto.[18:41] Eliminating the friction that stands between SMBs and their cash. [21:01] Blockchain and digital coins are not integrated into many SMBs — yet. [25:17] Insights into the gamification of investing from a pro gamer. [29:43] Plooto’s impressive plans for expansion. Mentioned in This Episode:Yieldstreet