Stripe taps FedEx data to expand small business access to financing
FedEx Dataworks is helping Stripe vet small businesses for working capital. The post Stripe taps FedEx data to expand small business access to financing appeared first on FreightWaves .
FedEx and Stripe are collaborating to analyze supply chain data and provide financing options for small and medium-sized businesses, according to a recent announcement. This partnership extends FedEx's existing data offerings, including real-time shipment activity, inventory movement, and fulfillment performance, alongside traditional financial information.
By combining these operational indicators with Stripe's developer tools, the companies aim to offer tailored funding solutions to businesses more quickly than traditional lending processes. The first product, set to launch in early 2027, will use FedEx's operational momentum, such as shipping a thousand packages per week, to provide growth finance through Stripe Capital.
This collaboration builds upon FedEx's ongoing efforts to leverage supply chain insights, such as its partnership with ServiceNow and Dun & Bradstreet, to create predictive intelligence and improve supply chain risk management.
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