00:01.800 --> 00:04.140
Sean Murray: Hello, everybody,
my name is Sean Murray, welcome

00:04.140 --> 00:08.310
back. Today I'm here with Eyal
Levy of banana exchange. He is

00:08.310 --> 00:10.980
the CEO. Eyal thanks for being
here.

00:11.519 --> 00:14.279
Eyal Levy: Thank you very much
for inviting me there.

00:14.490 --> 00:16.500
Sean Murray: Of course, can you
tell me a little bit about your

00:16.500 --> 00:19.230
background and also about what
banana exchange does.

00:20.860 --> 00:22.630
Eyal Levy: Basically, I'm an
electronic engineer by

00:22.630 --> 00:26.290
profession. And I used to
represent an Israeli company in

00:26.290 --> 00:31.270
the US that solve the very
sophisticated electronics,

00:32.350 --> 00:38.710
gadgets to the US Special
Forces, CIA, FBI, US Air Force

00:38.710 --> 00:45.610
as such. And by accident, I got
into a meeting with an ex CIA

00:45.610 --> 00:49.330
agent that said, Eyal, I want
you to be partner with me and

00:49.330 --> 01:00.310
start to sell second generation
equipment to countries that are

01:00.370 --> 01:03.790
friendly to the US. And I said,
but how are we going to start

01:03.790 --> 01:07.060
the company? So he said, I'm
going to the US government owes

01:07.060 --> 01:11.860
me $230,000, which is right now
around $2 million dollars. And

01:11.860 --> 01:16.540
they'll pay over 180 days, maybe
somebody could finance that. And

01:16.540 --> 01:19.690
I spoke to my accountant and
asked him that what we want to

01:19.690 --> 01:22.480
do, and he said, You know,
that's called factoring. I

01:22.480 --> 01:25.720
didn't know the word factoring,
because I'm electronic engineer

01:25.810 --> 01:29.080
at the time. And they said, No,
no, you don't say we don't want

01:29.080 --> 01:32.140
to manufacture anything
factoring manufacturing, we all

01:32.140 --> 01:35.410
laughed. But a month later, I
started the factoring business

01:35.410 --> 01:40.510
for distressed companies. And it
was 20 years in business. And I

01:40.510 --> 01:44.980
was the the leader of the
factoring in the second niche

01:45.160 --> 01:48.850
factory, I developed the
software, which allows us to

01:48.910 --> 01:53.560
allowed this time to do volume
of 250 million a year with zero

01:53.560 --> 01:57.520
losses. And that's the basis of
banana exchange, we shall

01:57.880 --> 01:58.990
describe later on.

01:59.970 --> 02:02.610
Sean Murray: Wow. And how did
you come up with that name,

02:02.610 --> 02:03.870
Banana Exchange.

02:06.210 --> 02:09.390
Eyal Levy: That is a funny story.
When I was young, my mother was

02:09.390 --> 02:12.300
a Mossad agent and my father was
in the Israeli military, we were

02:12.300 --> 02:17.310
sent to Ethiopia, to assist
Haile Selassie, the Emperor. And

02:18.180 --> 02:21.330
at the time, I was very lonely.
I was four years there I was

02:21.330 --> 02:25.560
young kid. And my parents said,
What do you want to be happy? So

02:25.560 --> 02:29.940
I said, I want a monkey. So they
bought me a monkey. And I got

02:29.940 --> 02:33.480
this monkey, and this monkey,
his name was Jojo. We call them

02:33.480 --> 02:39.270
Jojo. And then when I started
banana, my factoring business

02:39.300 --> 02:42.960
before Banana was called the
Platinum Funding Group that was

02:42.960 --> 02:47.790
very serious, then, you know, as
you get older, and I said, Okay,

02:47.790 --> 02:51.630
let's have some fun. So I said,
banana for JoJo, and we have a

02:51.630 --> 02:55.140
video of JoJo, explaining what
we do on our website.

02:57.120 --> 02:58.950
Sean Murray: Okay, well, it all
makes sense. Now I took I

02:58.950 --> 03:06.060
totally get it. So you fund
funders. And I imagine in doing

03:06.060 --> 03:08.520
that, you know, you're doing
large transactions, there must

03:08.520 --> 03:13.320
be a type of risk analysis that
goes with that. So what kind of

03:13.320 --> 03:16.260
underwriting do you do in order
to work with a partner?

03:17.110 --> 03:21.100
Eyal Levy: So we're gonna design
this whole concept that the the,

03:21.130 --> 03:27.700
the the theory behind the
concept was to allow the medium

03:27.700 --> 03:35.050
to small size MCAs to be able to
fund them, they can't find

03:35.050 --> 03:39.310
anyone, hedge funds won't look
at them and other large, funders

03:39.310 --> 03:42.730
wont to look at them. And they
really wanted that they're about

03:42.730 --> 03:47.890
over 2000 MCAs funders in the US
Small ones. And about 10, large

03:47.890 --> 03:51.010
ones, you know, the larger ones,
we all know, they're funded by

03:51.010 --> 03:53.560
the big hedge funds, and the
small ones have nowhere else to

03:53.560 --> 03:57.790
go. So I decided to go after
that niche. The the issue with

03:57.790 --> 04:00.970
that niche is that you have to
monitor it very closely. So we

04:00.970 --> 04:04.060
develop the software, which is
based on the software that they

04:04.060 --> 04:08.050
had before that basically it's
connected to the HGH provider of

04:08.050 --> 04:15.310
the MCA and through that we
control and view the clients,

04:15.370 --> 04:19.780
the merchants themselves and the
payment methodology of the of

04:19.780 --> 04:25.180
the merchants. The underwriting
that we do is very simple.

04:25.600 --> 04:30.250
Basically, the merchant, the MCA
has to be in business for at

04:30.250 --> 04:37.450
least six months. Or if he had a
prior Inc prior history. We

04:37.450 --> 04:41.080
would use that some come from
large companies that we would

04:41.080 --> 04:48.460
use that we make sure that his
merchant he has a certain amount

04:48.460 --> 04:52.630
of merchants volume has to be at
least half a million dollars in

04:52.660 --> 04:59.080
RPR. And that's it and there are
no other user sees on this or

04:59.080 --> 05:04.060
liens on this company, that's
it. The rest, we will look at

05:04.060 --> 05:07.510
the MCA at the merchants
themselves. We don't underwrite

05:07.510 --> 05:14.140
the merchant. That's how we mark
our client is underwritten by

05:14.140 --> 05:18.130
these factors, but the merchants
that are have a different

05:18.520 --> 05:24.970
criterias such as we bite bolts
of receivables of our RTR. So

05:24.970 --> 05:29.140
I'll give you an example. Let's
take $2 million of our RTR that

05:29.140 --> 05:35.890
has an average of 200 merchants
in the 2 million, we will

05:35.890 --> 05:39.760
advance anywhere from half a
million to which is 25% up to

05:39.790 --> 05:47.680
35-40% sometimes of that. And we
would make sure that our

05:47.680 --> 05:54.460
exposure never reaches half a
million dollars 50% of the art

05:54.490 --> 05:59.230
of the existing RTR because the
RTR goes down. And we got to

05:59.230 --> 06:01.750
make sure that we are always
covered. So we're always covered

06:01.750 --> 06:07.180
by at least 50% of the RTR. And
then there are other rules, such

06:07.180 --> 06:13.480
as they can have concentration
of over 25% in specific state.

06:14.320 --> 06:19.420
RTR has limits of $70,000, they
could be higher, but we will

06:19.450 --> 06:25.090
limit the our exposure to 70 and
so on and so forth.

06:26.399 --> 06:29.279
Sean Murray: That's great. Now
does it matter if the funder is

06:29.279 --> 06:33.659
originating deals with ISOs
versus in house? Do you look at

06:33.659 --> 06:34.289
that at all?

06:34.960 --> 06:38.080
Eyal Levy: No. I mean, we don't
care where it's coming from. And

06:38.080 --> 06:42.160
later on, I can explain me how
banana exchange works. And we

06:42.160 --> 06:46.270
would introduce to the market in
the near future, some additional

06:46.270 --> 06:54.430
features that will work and
we'll invite the, the ISOs and

06:54.430 --> 06:57.130
the merchants themselves to the
platform. So basically what

06:57.130 --> 07:00.280
banana exchange is all about and
that's the reason for for it to

07:00.280 --> 07:03.010
be called banana exchange. Why
the exchange people ask me why

07:03.010 --> 07:08.770
they exchange, the exchange
comes to fill out what you did

07:08.800 --> 07:16.420
in for the MCA market. On paper
in on information, I'm trying to

07:16.420 --> 07:21.880
do with the with the actual
money. So you deal with

07:21.880 --> 07:24.940
information, I deal with money,
it's the same thing. Because

07:24.940 --> 07:26.050
what I want to do, yeah,

07:26.050 --> 07:26.830
Sean Murray: I totally get it.

07:27.440 --> 07:30.260
Eyal Levy: I'm creating a
platform, the platform exists.

07:30.290 --> 07:34.400
Okay. The first item that we
introduced to the market is the

07:34.400 --> 07:38.240
funding. First of all, we give
them funding. What else do they

07:38.240 --> 07:41.270
need? They need from time to
time they need a syndication,

07:41.300 --> 07:44.660
right. They need syndicates, we
allow them to bring in

07:44.660 --> 07:48.350
syndicates, we bring them we put
the syndicates and together. The

07:48.350 --> 07:53.060
beauty of this is that we allow
the syndicates, the syndicates

07:53.060 --> 07:56.600
are relying on us because we
control we can control the a ACH

07:56.690 --> 08:01.280
if there is a problem. So that's
why the syndicates love us. And

08:01.280 --> 08:05.480
then the last item that we're
going to bring is the ISOs, we

08:05.480 --> 08:09.320
will have a section for the
ISOs. And the ISO comes into our

08:09.320 --> 08:12.950
system presses the button that
says okay, I'm an ISO. And then

08:12.950 --> 08:16.160
the system approaches him and
says, Do you have your own deal?

08:16.220 --> 08:21.230
Or do you want deals, if he has
his own deal, he pays us 1% to

08:21.230 --> 08:26.450
the platform. And then we
introduce him to several MCA

08:26.480 --> 08:31.640
clients. And the clients have to
respond within an hour. And then

08:31.700 --> 08:34.010
if he doesn't have a deal, and
he wants to build from us, we

08:34.010 --> 08:38.690
also have deals that we we
approach the merchants ourselves

08:38.900 --> 08:45.290
and give that to the ISO to work
on. So we will give him a deals

08:45.290 --> 08:49.880
as well on that he will pay us a
little bit more. So everybody

08:49.880 --> 08:55.730
benefits. So the beauty for the
MCA himself, funder is that he

08:55.730 --> 09:00.260
has everything he has money from
us. He has distribution. He has

09:00.380 --> 09:04.910
syndication he has everything
that he needs he has in one

09:04.910 --> 09:09.050
place. That's basically the
concept.

09:09.330 --> 09:13.560
Sean Murray: So you mentioned
that it requires a bit of

09:13.560 --> 09:16.800
monitoring, because it's
typically not the top 10 largest

09:16.800 --> 09:22.320
funders, and that you have an
exchange and an ISO can place a

09:22.320 --> 09:25.530
deal on it and all these
different things. I imagine that

09:25.530 --> 09:30.600
there must be some technology
that goes into managing all

09:30.600 --> 09:34.380
this. Are you using any special
technology to manage your

09:34.380 --> 09:35.010
platform?

09:35.900 --> 09:39.140
Eyal Levy: We the technology
that we're using the base of the

09:39.140 --> 09:41.210
technology is what they
developed in the factoring

09:41.210 --> 09:45.500
business many many years ago and
right now there's a lot of most

09:45.500 --> 09:47.990
of the small factoring companies
in the US are using my

09:47.990 --> 09:53.150
technologies that they developed
30 years ago. And we are adding

09:53.150 --> 09:56.030
additional technology. I'll give
you an example of a technology.

09:56.060 --> 09:59.510
We're going to introduce the
market next month. We are

09:59.510 --> 10:04.820
testing it right now with our
cotton with our customers, the

10:04.850 --> 10:10.670
we will allow it's a technology
that was developed by a Israeli

10:11.660 --> 10:18.230
intelligence unit is from the
Israeli Defense Forces. And what

10:18.230 --> 10:24.440
it is, it's the company itself
is called voice sense, as they

10:24.440 --> 10:30.890
use vocalist and signal
processing link to data science

10:30.890 --> 10:38.000
and advanced machine learning
and AI to produce predictive the

10:38.030 --> 10:44.210
behavior analysis. And it's
amazing because they are not

10:45.470 --> 10:56.840
listening to the content of the
speech at all, but the the they,

10:57.080 --> 11:05.150
they just look at the, the, the
pitch and the frequency and the

11:05.150 --> 11:12.650
spaces and the poses that are
done within the within the the

11:12.650 --> 11:18.050
conference. So what we'll do is
the client will have a will

11:18.050 --> 11:24.410
download an application on his
phone, our client, and he will

11:24.440 --> 11:30.470
talk to his customer on the
phone. And he needs to speak on

11:30.470 --> 11:34.460
the phone at least 40 seconds.
And it could be in any language

11:34.520 --> 11:39.410
was tested in English, Spanish,
Chinese, whatever language you

11:39.410 --> 11:46.070
want Arabic, Hebrew or whatever
language and then it will in a

11:46.280 --> 11:50.150
minute later, I mean, in a half
later, you will get the report,

11:51.110 --> 11:56.270
a written report if this client
is trustworthy, and if he's

11:56.630 --> 11:59.840
going to pay him back or not.
It's amazing if technology was

11:59.840 --> 12:04.670
tested them in various countries
around the world with many many

12:04.670 --> 12:09.440
languages. And it works
amazingly, we we got the

12:09.440 --> 12:14.930
exclusive rights for it in the
US for MCA on the MCA market and

12:14.930 --> 12:19.250
factoring market. And we'll have
people marketing to the industry

12:19.250 --> 12:24.710
very soon. It's we're dealing
with Intellectual Property of

12:24.800 --> 12:32.030
intellectual property 23 patents
and six pending ones. And the

12:32.030 --> 12:38.660
beautiful thing is that it works
it works on on frequency on the

12:38.660 --> 12:45.470
beach, on the spaces, on the
houses. And the beauty is that

12:47.120 --> 12:52.790
on the range of the cause, if
it's a yes or no, we're good

12:52.790 --> 12:57.200
that there are 95% accuracy. So

12:57.270 --> 12:59.430
Sean Murray: I feel like I want
to run my own voice through it.

13:00.450 --> 13:01.800
Find out how I do

13:02.920 --> 13:06.160
Eyal Levy: Thats what we did you
know, now Now listen to this.

13:06.610 --> 13:10.180
Now we have a client, one of our
clients, several of them, but

13:10.180 --> 13:19.330
one major one has about I think
225 ISOs in house. Okay, so they

13:19.330 --> 13:23.860
make phone calls. What the
system does, it gives you at the

13:23.860 --> 13:26.860
end of the report, you get a
report to the to have the

13:26.860 --> 13:31.030
conversation with two sections.
One is for the guy that you're

13:31.030 --> 13:35.200
talking to, right. And the other
one is how did your salesperson

13:35.200 --> 13:40.540
do? Okay? Could you be more
aggressive? Was it slow? It's

13:40.540 --> 13:45.520
amazing. It's unbelievable. I'm
believing so we think that this

13:45.520 --> 13:49.270
really would help the industry.
Because if usually people have

13:49.270 --> 13:54.370
like five to 15% default rate,
right? Maybe now with Corona,

13:54.370 --> 13:59.080
they had more okay. But usually
between five and 15 if we can

13:59.080 --> 14:08.170
reduce it from top to lower
numbers. That's and the cost is

14:08.170 --> 14:12.040
nothing we're giving it right
now to our, to our clients for

14:12.040 --> 14:18.130
free, for free. And later and
for others, the charges is

14:18.130 --> 14:21.910
minimal, you know, it's it's a
very small amount. And if it

14:21.910 --> 14:25.420
works, and it people will see
that it works. They'd love it

14:25.420 --> 14:29.560
and say, you know, it's
fantastic. This is one of the

14:29.560 --> 14:30.100
tools.

14:30.600 --> 14:32.160
Sean Murray: That's pretty
incredible. I've never heard of

14:32.160 --> 14:35.070
anything like that. I've heard
of a lot of different tech being

14:35.070 --> 14:37.710
implemented in, in this
industry, but I've never heard

14:37.710 --> 14:38.280
that before.

14:38.281 --> 14:41.300
Eyal Levy: So I'll give you
another one. The other one we're

14:41.301 --> 14:45.980
working on which will be later
on this one we signed and the

14:45.981 --> 14:48.410
beauty of this is that it was
developed by these Israeli

14:48.410 --> 14:51.320
intelligent forces and they know
what they're doing, and it

14:51.320 --> 14:54.680
works. That's the key. We're
working with and other groups,

14:54.860 --> 15:02.090
which is another total different
aspect of the group.The way the

15:02.090 --> 15:09.800
other one works is we send a,
the the MCA sends the merchant,

15:10.010 --> 15:15.470
the application to be filled on
his, on his phone. Okay? Either

15:15.470 --> 15:20.570
iPhone or whatever they use. And
then when they do that, when

15:20.570 --> 15:24.800
they fill it in, they extract
the metadata, the metadata is 

15:24.800 --> 15:28.550
not the actual data, the phone 
numbers, and it's not the best 

15:28.550 --> 15:33.620
information, it's how many times 
did he call a certain phone? How 

15:33.620 --> 15:37.550
any times does he call, most of 
the calls are done in the 

15:37.550 --> 15:42.410
morning or at night, how many 
times that the repeat phone 

15:42.410 --> 15:46.790
calls and so on, so forth. And 
they extract from those data 

15:46.820 --> 15:53.000
about 700, 700 different 
information technologies, and 

15:53.930 --> 15:58.250
they do an analysis and based on 
that, they also tell you if it's 

15:58.250 --> 16:03.680
accurate or not. So what we're 
trying to do is bring in tools 

16:03.710 --> 16:11.840
for the MCA provider that will 
enhance his his underwriting 

16:11.900 --> 16:15.860
performance. Because right now, 
if they have between five and 

16:16.160 --> 16:20.810
5%, it all relies on on the 
people that are doing it. So you 

16:20.810 --> 16:23.510
have one guy who's doing good 
under it, and the other one is 

16:23.510 --> 16:28.670
slightly worse. And what as you 
grow as they grow, it becomes 

16:29.300 --> 16:32.090
it's, it's a problem. When you 
grow you, you don't want to rely 

16:32.090 --> 16:36.440
on people, you solely rely on 
people in the machine. Not that 

16:36.470 --> 16:40.040
or that it's both. But this will 
give you an additional 

16:40.340 --> 16:45.080
perspective of your potential 
clients. And then also when you 

16:45.080 --> 16:48.710
want to do later on when you do 
collection calls, it will tell 

16:48.710 --> 16:53.270
you the guys is telling truth 
he's not honest, he's lying, and 

16:53.270 --> 16:55.730
so on, so forth. So there are a 
lot of other aspects that you 

16:55.730 --> 16:57.110
can avoid. It's amazing.

16:57.360 --> 16:59.640
Sean Murray: That's really
incredible. The whole thing you

16:59.640 --> 17:04.350
mentioned with the meta the
metadata and analyzing who

17:04.350 --> 17:07.320
called who and how often and
what times I've heard that are

17:07.320 --> 17:10.500
being used in like the
Philippines, where they don't

17:10.500 --> 17:14.460
have credit bureaus like they do
in America that they're relying

17:14.460 --> 17:17.790
on data like that. So I have
heard of that type of technology

17:18.000 --> 17:20.580
being used before. Never, never
never the stuff where they're

17:20.580 --> 17:23.610
analyzing, you know, the voice
and the pitch and the

17:23.610 --> 17:26.670
intonation, all that stuff. So
that's pretty cool. But you

17:26.670 --> 17:30.660
mentioned a few things before
about default rates, I think he

17:30.720 --> 17:34.530
gave a range. And I actually
wanted to ask you about that,

17:34.530 --> 17:39.540
because we just got out of 2020.
And we're on some kind of

17:39.600 --> 17:44.880
rebound, I think. And I'm
interested to find out what you

17:44.880 --> 17:48.030
saw, from your perspective in
2020. Because I've talked to a

17:48.030 --> 17:51.660
lot of funders, but I haven't
really spoken to many funders of

17:51.661 --> 17:54.780
funders. So what did what did
you see in 2020?

17:54.781 --> 18:00.480
Eyal Levy: What we saw is kind
of the the initial response of

18:00.480 --> 18:05.430
the market was freeze. Everybody
froze. They didn't know what to

18:05.430 --> 18:10.620
do. The world is dead, you know,
Corona is here. Okay. But little

18:10.620 --> 18:15.690
by little, they started
analyzing, What's going on

18:15.720 --> 18:18.960
 Should we, shouldn't we? Okay
 so little by little, the

18:18.960 --> 18:25.440
 started funding smaller, smalle
 and different activities so tha

18:25.440 --> 18:28.470
 they stop funding restaurants
 they stopped funding, th

18:28.470 --> 18:31.500
 riskier ones. They stoppe
 funding and they they starte

18:31.500 --> 18:36.000
 funding the the others that th
 distributions and so on, s

18:36.000 --> 18:41.970
 forth. And the little by little
 they became easier. I think a

18:41.970 --> 18:46.020
 the injections are coming in
 and then the they see that ther

18:46.020 --> 18:52.890
 is a a light at the end of th
 tunnel. They figured that it'

18:53.700 --> 18:58.470
 it's okay to fund. And I alway
 thought that once the vaccin

18:58.470 --> 19:03.120
 will start hitting the market
 the market will open up an

19:03.120 --> 19:06.480
 we'll and we see it right no
 with our customers. Ou

19:06.480 --> 19:10.170
 customers are open, most of the
 are really booming. So it'

19:10.170 --> 19:15.870
 amazing what they're doing
 December was very slow. And no

19:15.870 --> 19:19.830
 January, February. It'
 unbelievable what we see. But w

19:19.830 --> 19:23.580
 were expecting that. Now we'r
 talking about default rates i

19:23.580 --> 19:29.670
 the history, default rates fo
 our customers. We're up to 25

19:30.210 --> 19:36.570
 in some cases, but that's lif
 with the world collapsed. S

19:38.010 --> 19:43.380
Sean Murray: So you said January
is unbelievable. But what's

19:43.410 --> 19:46.590
what's your feeling on the rest
of 2021? Are you are you bullish

19:46.590 --> 19:48.720
or bearish on the merchant cash
advance industry?

19:48.750 --> 19:51.810
Eyal Levy: I'm bullish, I think
the market is going to be

19:51.840 --> 19:58.650
phenomenal. I think the fact
that we have a president right

19:58.650 --> 20:03.000
now that people they don't have
to listen to a tweet every

20:03.000 --> 20:05.490
morning, you know, to see what's
going on, we hear that those

20:05.490 --> 20:09.420
tweets drove everybody crazy. It
seems as if people are more

20:09.420 --> 20:12.750
quiet now i'm not talking
political. If this one is better

20:12.750 --> 20:15.540
than the other one, that's not
the issue. The issues that

20:16.620 --> 20:20.550
people are getting calmer, and
occasionally getting calmer,

20:20.730 --> 20:24.900
it's a stock market, you know,
the stock market is feels what

20:24.900 --> 20:28.950
you feel, and then they feel
that I knew that was going to

20:28.950 --> 20:31.800
happen, and it's going great.
And I think that the rest of the

20:31.800 --> 20:34.560
year would be fantastic. I
actually feel it would be the

20:34.560 --> 20:38.250
best year ever in the MCA
market. And I see that there are

20:38.250 --> 20:41.670
a lot of newcomers in the
market.

20:44.010 --> 20:48.090
Sean Murray: Now, Eyal, it's my
understanding that you also do

20:48.090 --> 20:51.090
some type of mentorship program
at Harvard. Is that right?

20:52.350 --> 20:55.710
Eyal Levy: Yeah, I started it
about three years ago, I was

20:55.710 --> 20:58.950
invited to be a mentor in the
Harvard Business School, I was

20:58.950 --> 21:05.160
very thrilled and excited. And
it gave me a lot of interest,

21:05.160 --> 21:10.050
because you see a lot of new
ideas coming from very smart

21:10.050 --> 21:15.390
individuals. And the fact that
the ability to assist in

21:15.420 --> 21:19.830
entrepreneurship program, that's
the program I work with, is

21:19.830 --> 21:24.030
very, very exciting for me. And
I spend a lot of time with them,

21:24.360 --> 21:28.110
assisting with the students
assisting them in every aspect

21:28.110 --> 21:32.070
of building a business. So I
built in my life, three

21:32.070 --> 21:36.210
businesses, which were very
successful. And I have a lot of

21:36.210 --> 21:40.200
experience in the to start with
the how to start the business,

21:40.200 --> 21:46.020
funding the business, funding
later on stages. How do you get

21:46.020 --> 21:51.030
additional funds, second phase,
third phase of fundings, and

21:51.030 --> 21:54.120
then marketing. How do you
market? Who do you market?

21:54.510 --> 21:58.770
Publications, all the social
media and so on, so for so I

21:58.770 --> 22:03.570
feel it's a it's exciting, and
also, it helps me improve

22:03.570 --> 22:08.580
myself. In addition to helping
them it creates a lot of

22:08.610 --> 22:14.490
interest for me because I see a
lot of new ideas that could be

22:14.520 --> 22:18.600
developed in our business,

22:19.350 --> 22:22.530
Sean Murray: Everybody that was
al Levy, CEO of banana exchange.

22:22.530 --> 22:23.790
Thank you so much for being here
today.

22:23.820 --> 22:24.300
Pleasure