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Fintech, Payments & Banking Infrastructure · Debt funds replace banks for scaling services roll-ups
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Debt funds replace banks for scaling services roll-ups
Traditional banks lend on trailing EBITDA (3x) and require rigid scoring, while debt funds underwrite projected growth, offering larger facilities (Euribor+6% vs Euribor+2%) with delayed dr…
Professional services automation blocked by fragmentation, now viable at scale
No software vendor builds for 5-person firms (95% of market), leaving legacy systems that can't handle scale. At €80M revenue, Afianza can finally fund proprietary client portal and OCR/aut…