1 00:00:00.035 --> 00:00:03.205 Welcome to the 2026 D Banked Connect in Miami. 2 00:00:03.665 --> 00:00:05.045 I'm now with Alex Schwartz 3 00:00:05.065 --> 00:00:07.245 of Fun Kite. How is it going today? 4 00:00:07.475 --> 00:00:08.485 It's going fabulous. 5 00:00:08.745 --> 00:00:11.285 Not only do we have beautiful weather and sunny Miami, 6 00:00:11.625 --> 00:00:14.045 but this conference is already lit up. 7 00:00:14.185 --> 00:00:15.725 I'm seeing so many familiar faces. 8 00:00:16.705 --> 00:00:18.685 Um, of course, thank you to the Banked 9 00:00:18.685 --> 00:00:22.325 and Sean, I I always take my hat off to him at, you know, 10 00:00:22.385 --> 00:00:24.165 how great he puts these things together 11 00:00:24.225 --> 00:00:26.005 and they're very important for our industry. 12 00:00:26.465 --> 00:00:29.685 You know, looking to reconnect with old friends, associates, 13 00:00:29.685 --> 00:00:32.445 people we do business with, as well as make new ones. 14 00:00:32.665 --> 00:00:34.605 Really looking forward to today. And 15 00:00:34.605 --> 00:00:36.165 You're speaking today. Tell us about that. 16 00:00:36.305 --> 00:00:40.645 Yes, yes. Looking, yeah, I'm on the, uh, funders panel 17 00:00:41.185 --> 00:00:43.525 and we're gonna talk about the industry in the future 18 00:00:43.785 --> 00:00:46.885 and I think, um, we're gonna show some good insight 19 00:00:47.065 --> 00:00:49.445 to people that are gonna listen, pay attention, 20 00:00:49.475 --> 00:00:53.245 because 11 years in this business, it's a long time 21 00:00:53.345 --> 00:00:54.805 and, you know, I've seen it all 22 00:00:55.705 --> 00:00:59.365 and I think there's gonna be some more radical changes in 23 00:00:59.365 --> 00:01:02.005 the business and people should stay tuned. Well, 24 00:01:02.005 --> 00:01:04.245 I'm listening to you, Alex, and I wanna know a little bit 25 00:01:04.245 --> 00:01:06.125 more about what you see for the future of this year. 26 00:01:07.105 --> 00:01:11.725 Um, I think that what I'm seeing every six months, 27 00:01:12.585 --> 00:01:16.445 the change, every six months is what used to take years. 28 00:01:16.785 --> 00:01:18.445 So the business is gonna involve, 29 00:01:19.125 --> 00:01:20.805 I think there'll be more competition, 30 00:01:20.915 --> 00:01:22.205 money's gonna get cheaper, 31 00:01:23.165 --> 00:01:25.125 merchants are gonna get better offerings. 32 00:01:25.285 --> 00:01:27.725 I think there's regulation coming, there's just 33 00:01:27.865 --> 00:01:30.005 so many things going on right now 34 00:01:30.005 --> 00:01:31.325 that people need to pay attention. 35 00:01:31.355 --> 00:01:35.125 Both funders as well as the brokers in the industry, 36 00:01:35.125 --> 00:01:38.005 they really need to stay tuned, uh, pay attention 37 00:01:38.005 --> 00:01:39.005 because it's gonna start 38 00:01:39.005 --> 00:01:41.485 to affect them if they're not following the new rules 39 00:01:41.515 --> 00:01:43.445 that are gonna be implemented everywhere. 40 00:01:43.705 --> 00:01:45.405 But I'm really very optimistic. 41 00:01:45.525 --> 00:01:46.885 I think the industry's doing great. 42 00:01:47.465 --> 00:01:52.005 Um, I'm, I'm so excited to see how this industry created 43 00:01:52.345 --> 00:01:54.965 so many jobs and careers for people 44 00:01:55.025 --> 00:01:58.445 and a lot of people became very wealthy, uh, um, from this. 45 00:01:58.985 --> 00:02:03.085 So the opportunities there, stay focused, um, 46 00:02:03.355 --> 00:02:05.805 stay tuned into what's going on 47 00:02:05.825 --> 00:02:08.485 and yeah, I think it's gonna be a fantastic year. It 48 00:02:08.485 --> 00:02:10.165 Sounds it, but let's talk a little bit about, 49 00:02:10.755 --> 00:02:12.205 more about you and Fun Kite. 50 00:02:12.515 --> 00:02:13.605 Tell me about your business 51 00:02:13.745 --> 00:02:15.725 and what can people expect from you today? 52 00:02:16.145 --> 00:02:18.805 So fun Kit's been around since 2015. 53 00:02:19.255 --> 00:02:21.245 We're one of the few people in industry 54 00:02:21.355 --> 00:02:22.645 that are still sticking 55 00:02:22.705 --> 00:02:25.645 to revenue based finance within shift to loans. 56 00:02:25.645 --> 00:02:26.885 Like a lot of people didn't. 57 00:02:26.885 --> 00:02:31.245 Certain states, um, we, we are known 58 00:02:31.385 --> 00:02:33.805 for what's called real time reconciliations. 59 00:02:34.025 --> 00:02:37.205 So we adjust payments for merchants based on actual sales 60 00:02:37.205 --> 00:02:38.685 before we debit their accounts. 61 00:02:39.185 --> 00:02:41.245 We find that that's a very good practice 62 00:02:41.265 --> 00:02:43.005 to help merchants with cash flow. 63 00:02:43.545 --> 00:02:47.125 Um, we're growing, we're doing good. We enjoy what we do. 64 00:02:47.125 --> 00:02:49.725 Look, it's tough. This is a tough industry. 65 00:02:50.345 --> 00:02:52.005 Uh, it doesn't get any easier, 66 00:02:52.425 --> 00:02:54.525 but, uh, we're very passionate about what 67 00:02:54.525 --> 00:02:55.485 We do. I can see that. Alex. 68 00:02:55.745 --> 00:02:57.765 Yes. Thank you. Well, thank you so much 69 00:02:57.765 --> 00:02:59.085 for spending some time with me, you, 70 00:02:59.085 --> 00:03:01.165 and there's still more to come from Deep banked Connect. 71 00:03:01.305 --> 00:03:01.725 Thanks.