NEW YORK, NY--(Marketwired - January 24, 2014) - Hosted by Joseph F. Daniels, partner at Loeb & Loeb LLP., a law firm whose client list includes Amazon and Google, the FinTech Connect event in NYC brought together both Angel Investors, VCs and some of the most exciting up and coming financial technology startups from around the country. Pitching companies included EnerKnol, Pellucid, Planancial and Hedgeable, who were given insight on their pitches from a select investor panel which included Pearl Capital Co-Founder and Chairman Meir Hurwitz.
Introducing himself to the panel, Meir Hurwitz pointed to the success of Pearl Capital as a model for ambitious young companies in the financial sector: "Pearl Capital started with a staff of three people. To date, we now have 75 employees and broke $100 million in funding last year. Each business we work with on average adds 2-3 jobs to the economy. At this point, we have contributed to the creation of around 30-40,000 American jobs."
Topics discussed by the presenters and the investor panel included major trends in technology influencing the FinTech industry, including mobile and cloud based technologies, gamification of services, and the ever increasing importance of socially integrated platforms. Also discussed were valuable insights on how to build strong pitch decks and what VCs and Angel Investors are looking for when they look at potential investments. Market size, unique sales points, existing competition and exit strategy were all brought up as vital to the presentation of up and coming tech companies.
About Pearl Capital
Pearl Capital upholds a corporate culture of excellence and accountability that has allowed it to flourish in the past few years, with ISO agent satisfaction being the driving force behind our success. Pearl Capital provides merchant cash advance solutions for ISO agents and merchants as a direct funder, filling in the cracks in the lending industry that many small business owners slip through. Our service is unique by virtue of our acceptance of bad credit and high risk applicants, as well as our swift approval and funding process. The professionalism and know-how of our ISO agent relationship managers and underwriting department allows us to get funding to each qualified applicant, even if traditional lending institutions have turned them away. We also excel in clarity of communication between our relationship managers, underwriting department and ISO agent partners. By partnering with Pearl Capital, ISO agents become part of an efficient team that focuses on high turnaround and crystal clear communication, allowing them to focus on building and maintain their relationships with their merchants.
Connect on Chairman Meir Hurwitz's LinkedIn & Facebook.