Results 1 to 11 of 11
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10-05-2023, 10:47 AM #1
- Join Date
- Jul 2023
- Posts
- 39
fundkite
anyone experience anything shady with them? dont want to say what im suspecting unless others have dealt with the same
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10-05-2023, 11:01 AM #2
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10-05-2023, 11:51 AM #3
- Join Date
- Nov 2021
- Location
- in this thread, vigorously mashing the refresh key
- Posts
- 260
Never experienced anything negative with them besides their automated email system which is completely ****ing wonky
I've worked with them on and off for years and never had any issues, good B Paper
Heard backdoor rumors but most brokers are dumb ****s and think them not controlling the merchant equates to a funder backdooring
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01-22-2024, 07:53 PM #4
- Join Date
- May 2021
- Posts
- 46
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01-23-2024, 01:14 PM #5
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05-15-2024, 11:34 AM #6
- Join Date
- May 2021
- Posts
- 46
Anyone doing syndication with fundkite?
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06-18-2024, 04:46 PM #7
- Join Date
- May 2021
- Posts
- 46
did you syndicate with them? I have, its been fair so far. Roughly been a year and over 500k total. I did have a few larger losses so i stick to smaller amounts per deal now.
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06-26-2024, 01:11 PM #8
Do you have a question or concern for us?
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06-27-2024, 03:37 PM #9
- Join Date
- Aug 2020
- Posts
- 146
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06-27-2024, 03:54 PM #10
- Join Date
- Feb 2017
- Posts
- 3,450
So they definitely used to be a broker, and yes they definitely used to white-label Yellowstone for their high-risk deals. However, I think that most funders at some point or another also used to be brokers, and most funders still have brokers working for them, whether or not it's a different operation or not is a different issue at hand ("gesheft").
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06-27-2024, 08:30 PM #11
- Join Date
- Aug 2018
- Posts
- 837
They used to advertise being direct and having no salesteam. But all their stacks were full white labels through yellowstone. They likely syndicated a % amount on those deals. Around this time they were funding reverses mainly w/o ysc's platform. Now they're funding direct, after initially misrepresenting themselves, which a lot of new funders do.
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