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Fintech Firms Must Properly Manage Cash Flow, as COVID-19 Is Making it Challenging to Assess Credit Risk, Monedo CEO Says




David Chan, CEO at Monedo (previously Kreditech), a point of sale (PoS) lender that claims to have more than one million customers who have reportedly received over 2 million loans (as of March 2020), says that the online lender has a global addressable market of 300 billion Euros in consumer credit issuance.

Chan said his company aims to tap into this market segment in order to further expand Monedo’s operations.

During a recent interview with the Fintech Times, Chan confirmed that the alternative online lender is currently offering services in India, Poland, Spain, and Russia. The company aims to leverage the latest technology in order to enable greater financial inclusion.

Like many other Fintechs, Monedo aims to serve consumers that may be unable to access traditional banking services.

Chan said the company’s data scientists are using AI and machine learning to enhance the lending process. Monedo uses advanced algorithms to determine customers’ credit worthiness.

Chan explained:

“Our AI-driven credit scoring technology and digital lending process is fully automated and needs no human intervention. This means Monedo customers can receive personalized loan offers and pay-outs when they need them.”

Responding to a question about how the Fintech sector can respond effectively to the challenges created by COVID-19, Chan said:

“Fintechs need to focus on managing cash flow and profitability as a matter of urgency. The pandemic is also creating new challenges in terms of assessing credit risk.”

While explaining how Monedo’s PoS tech works, Chan noted:

“Our e-commerce or ‘point-of-sale’ technology also means we’re able to open up new lending channels, which is creating new revenue streams for us and online retailers, while providing more flexibility for online shoppers.”

He claims that the company’s “pay-later” service has seen increased adoption in Poland, especially during the pandemic

Like many other Fintech professionals, Chan believes that the changes in consumer behavior due to the Coronavirus crisis might be permanent.

He stated:

“I strongly believe this ever-evolving behavior of more people shopping online using their laptops and mobile phones will be a permanent change and reinforce opportunities for digital businesses like ours.”

Founded in 2012, the company focuses on online lending to customers in the near-prime segment. Installment loans are Monedo’s key product and constitute as much as two-thirds of its global portfolio.



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Friday Charts: I Double Dare You To Ignore This Trend




It’s Friday in the Trend Trader Daily Nation…

And that means it’s time to embrace the adage that a picture is worth a thousand words.

Each Friday, I’ll be showing you a simple chart to convey an important investment insight.

With one quick glance, you’ll be up to speed — and more importantly, you’ll be poised to profit.

This week, I’m picking up where we left off yesterday. I’ll be revealing a major trend taking shape in the semiconductor sector that every investor (this means you!) should be paying attention to.

Plus, I’ll share one of my favorite ways to profit from it.

So let’s get to it…

Sorry Pessimists, But This Chart Proves The Chip Boom Is Back

Nearly every indicator in the markets is heading south this week, but not this one:

The three-month growth in semiconductor equipment shipments.

This is the equipment required to make more chips. It’s at the front of the value and supply chains, and therefore, it represents the first small step required to bring about big growth.

To see what I mean, look what’s happening to the red line at the far right of this chart…

As you can see, semiconductor equipment shipments are soaring, and this surge points to boom times ahead. For chips, and for chip stocks.

A Lasting (Positive) Impact on Semiconductor Demand

And I’m all the more convinced of it after reading McKinsey & Company’s latest market analysis.

In short, the world’s most trusted consultancy expects the increase in working, studying, and communicating from home to have “a lasting [positive] impact on semiconductor demand and open new possibilities for existing products and services.”

McKinsey believes demand will increase for chips that “enable servers, connectivity, and cloud usage as online collaboration grows”…

And it believes demand will vastly increase for chips that power the technologies required to facilitate the paradigm shift in consumer behavior in a post-Covid world.

Prepare for a Profit Bonanza

This paradigm shift includes contactless solutions, which I’ve written about before…

And it includes home sensors, automated-delivery solutions, and digitizing lagging sectors such as healthcare, government, and defense.

Or as Clark Tseng, director of Industry Research and Statistics at SEMI said, “With the pandemic accelerating digitization to transform businesses and their delivery of services worldwide, we expect continued growth over the next two years.”

Translation: Prepare for a profit bonanza!

In fact, the last time this market indicator started spiking higher, back in early 2009, most chip equipment stocks doubled within a year.

That includes one of my favorites, Lam Research Corporation (LRCX), which I’ve written about before. (Hint, hint).

I double dare you to ignore this trend and miss out on the profit opportunity again.

P.S. Do you have a favorite chart or indicator you’d like me to analyze in upcoming Friday editions? If so, fire up the Pat Benatar and “hit us with your best shot” by replying directly to this email.

Ahead of the tape,
Lou Basenese
Lou Basenese



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The Truth Behind 200,000% Returns




Historically, investing in private startups has helped investors earn astronomical returns.

For instance, Facebook’s first private investor made 200,000% when it eventually IPO’d. That’s enough to turn $1,000 into $2 million — with just one investment!

But not all private deals will be so successful. And furthermore, such investments come with a number of risks and pitfalls.

Which is why, today, I’m going to tell you the truth about investing in private companies, including all their downsides.

But even more importantly, I’ll begin to explain how to overcome these downsides…

So you can put yourself in position to earn big, fast profits!

3 Private Market Pitfalls

Yesterday, Matt explained why private startups could be considered the “perfect investment.”

After all, with just a small amount of capital, such investments can provide massive upside.

However, investing in the private markets has its own set of challenges. As Matt admitted, “there’s no such thing as a free lunch.”

So today, I’ll explain three of the biggest private market pitfalls.

Pitfall #1 — The Need to Build a Portfolio

When you invest in an early-stage private company, you’re getting in at the ground floor.

This puts you in position to pocket big upside — but it also creates investment risk.

After all, an early-stage company doesn’t generally have much revenue, its team is small, and the market for its product could still be unproven.

Some of these startups will work out, and a few will work out incredibly well — but many won’t even survive. That’s why investors need to build a portfolio of these investments.

Bottom line: investors who aren’t inclined to make the effort to build a portfolio of startup deals are taking too much risk.

Pitfall #2 — The Need for Time

Another big drawback with private investments is that the profits can take time to arrive.

Sure, Matt and I have helped our readers get into deals that delivered big returns, fast — deals like Elio Motors that handed investors 300% returns in just 30 days.

But most profits take far longer to arrive. For example, Facebook’s first investor had to wait about seven years to cash out of his investment.

So if you’re planning to retire soon, or you’re already retired, you might not have time to wait.

Pitfall #3 — Startup Investments Are Illiquid

And finally, in the private market, you can’t cash out your investments whenever you’d like.

You see, private companies don’t trade on the stock market. Generally speaking, you won’t get your money back until the startup you invested in is sold or goes public.

Startup investments are illiquid. That’s why we recommend allocating only a small amount of your overall portfolio into this asset class.

One Thing We’ll Never Do

After reading about the 3 pitfalls of private investments — what you might have been hoping was the “perfect investment” — you may be feeling discouraged.

But here’s the thing…

We’ll never present you with a problem, without also providing you with a solution!

So, next week, Matt will start telling you how to overcome all the pitfalls I just went over.

As you’ll see, he’ll show you how you could still invest in breakthrough companies — companies that have the potential to hand you 1,000%+ returns:

  • Without betting on unproven, risky businesses.
  • Without having to wait years for your profits to come in.
  • And without locking up your cash in illiquid investments!

In other words, he’ll show you how you could potentially earn big profits — but with much less risk, and in much less time, than with traditional private investing.

So be sure to keep an eye on your inbox next Wednesday at 11:00 AM Eastern!

Happy investing.

Best Regards,
Wayne Mulligan
Wayne Mulligan



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