Data Analytics to Accelerate Cash Flow for Small Business: Fundbox paves its way.

Connectikpeople.co is particularly seduced by the vision behind this San Francisco-based company. Funbox aims to fill the gap left by banks and credit companies, and fix the small business economy using data science.

Beyond this ideal aspect, Connectikpeople.co recommends small business to focus on transparent architecture, when it comes to switch to this kind of technology. The Fundbox engine aims to remove human error and bias from the risk assessment process. By leveraging data science, behavioral analysis and finance theory, Fundbox can automatically analyze the user’s business and invoices from a financial perspective, behavioral perspectives and more.

The company is backed by a set of investors including Khosla Ventures, Ron Conway’s SV Angels, Vikram Pandit, former CEO of Citigroup, Tom Glocer, former CEO of Thomson Reuters, Jay Mandelbaum, former Head of Strategy and E-commerce at JP Morgan Chase, Emil Michael, SVP of Business at Uber, Shlomo Kramer, CEO Imperva, David Krell, Chairman ISE and several other distinguished

investors.

As a must-attend end-to-end landmark for digital transformation for the companies of all sizes, Connectikpeople.co encourages Fundbox in its new commitment to scale the data operations and product, and make additional strategic hires in the Bay Area.

Connectikpeople.co recalls that, in order to use Fundbox, a small business owner or bookkeeper connects to their accounting and bookkeeping apps, including Quickbooks, Xero, or Freshbooks, on Fundbox.com. The Fundbox risk engine can assess the user’s network and invoices for risk automatically and instantly. The user can then view all outstanding invoices through their Fundbox account and choose which invoices to clear.