Sharp thesis on the redistribution of value in embedded finance—especially the point about platforms leveraging behavioral data (cash flow patterns, order velocity) for underwriting where traditional banks can't. This shift is reshaping B2B credit and working capital access at the operational level. TCLM explores similar terrain from a trade credit and liquidity-risk angle, often highlighting how payment terms and financing embed into platforms. A valuable read.
Sharp thesis on the redistribution of value in embedded finance—especially the point about platforms leveraging behavioral data (cash flow patterns, order velocity) for underwriting where traditional banks can't. This shift is reshaping B2B credit and working capital access at the operational level. TCLM explores similar terrain from a trade credit and liquidity-risk angle, often highlighting how payment terms and financing embed into platforms. A valuable read.
(It’s free)- https://tradecredit.substack.com/