PayNet Provides Expert Testimony to U.S. Congress on The State of Fintech

Members of the House Small Business Committee Subcommittee on Economic Growth, Tax, and Capital Access heard from a group of financial technology (fintech) leaders, including PayNet, on online lending's role in improving small business capital access.

The hearing provided the Subcommittee with an opportunity to examine recent trends on how small businesses obtain capital, the different business models in the industry, and how online lending fits into the overall lending landscape.