Data-backed loans
Trend
This trend highlights the recognition of data as a valuable asset and the potential for unlocking its value in the lending process. Data-backed loans enable businesses to access capital while leveraging their data assets, which can be particularly beneficial for companies that rely heavily on data-driven operations.
Trendsetters
Gulp Data offers non-dilutive loans using copies of borrowers’ data as collateral. This trend reflects the evolving financial landscape, where businesses seek innovative financing options beyond traditional banking institutions. Data-backed loans provide an alternative funding source, particularly for companies with valuable data assets but limited access to traditional forms of collateral.
Stats