Launch HN: Pier (YC W23) – Stripe for Credit

Re:Launch HN: Pier (YC W23) – Stripe for Credit by orliesaurus on Wednesday October 18, 2023 @06:18PM (#37935548)

I watched a five minute Loom video, I still don't understand... can you make an example of how a business would use this? imagine I'm five years old

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Re:Launch HN: Pier (YC W23) – Stripe for Credit by jess-zhang on Thursday October 19, 2023 @01:35AM (#37938877)

glad u asked for more context! for example, a fertility service provider can use Pier to launch "pay later" & financing for its patients. fertility treatments like IVF, egg freezing are typically $10-25k, not covered by insurance. another example, tiktok can provide working capital to its influencers based on predicted video quality, # of viewers, frequency of postings etc

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Re:Launch HN: Pier (YC W23) – Stripe for Credit by JCharante on Thursday October 19, 2023 @06:16AM (#37940797)

Who takes the default risk and profit from the loan? Is it all the underwriting bank?

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