REALTIME Reconciliations with FundKite - How we do it.
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  1. #1
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    REALTIME Reconciliations with FundKite - How we do it.

    For those of you who are unsure how real-time reconciliations work and how the benefit the merchants please watch our explainer video here..

    https://fundkite.com/real-time-reconciliations-work/

    happy to answer any questions.

  2. #2
    Senior Member Reputation points: 8603 Regium's Avatar
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    Does it work with all banks?

  3. #3
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    Quote Originally Posted by Regium View Post
    Does it work with all banks?
    From what I understand, as long as they keep Plaid/DL connected, they do the reconciliation automatically.

  4. #4
    Senior Member Reputation points: 8603 Regium's Avatar
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    Quote Originally Posted by abfunders View Post
    From what I understand, as long as they keep Plaid/DL connected, they do the reconciliation automatically.
    Yes, but what about banks not compatible with Plaid/DL?

  5. #5
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    Regium, our technology and process handles banks that are not plaid or DL compatible. There are many such banks we cover.

  6. #6
    Quote Originally Posted by FundKite View Post
    Regium, our technology and process handles banks that are not plaid or DL compatible. There are many such banks we cover.
    What happens if the merchant starts depositing in a different account not connected to your plaid. So for example lets say that instead of depositing all their checks to the bank account they deposit half of them, you adjust your payment and they deposit the rest of their income in an account that you dont know about. Once they notice that this works, they will just continue to do it, and then eventually tell you there are no sales. How does that work and what do you do to address stuff like this.

  7. #7
    Pretty cool, pretty innovative

    But why the A.I generated video....

  8. #8
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    So you have something to comment about.

  9. #9
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    JonathanHendrix, Morgan Freeman wasn't available to do the video.

  10. #10
    Quote Originally Posted by FundKite View Post
    JonathanHendrix, Morgan Freeman wasn't available to do the video.
    I do appreciate this reply though

    I enjoy when a funder does have humor

  11. #11
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    Quote Originally Posted by FundKite View Post
    For those of you who are unsure how real-time reconciliations work and how the benefit the merchants please watch our explainer video here..

    https://fundkite.com/real-time-reconciliations-work/

    happy to answer any questions.
    To all the folks that are considering working with them, make sure you search for fundkite on here and read stories of other isos that got ****ed in their ass by them.

    To those that know u know.

  12. #12
    Member Reputation points: 359 FundKite's Avatar
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    Who ever you, do come out of hiding and identify yourself. You seem to have a lot of negative things to say about us everywhere, easy to do when you are hiding behind some fake name name. Come out come out where ever you are!!!

  13. #13
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    Quote Originally Posted by FundKite View Post
    So you have something to comment about.
    Please explain to us why you were on bluevines iso list

  14. #14
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    explain why every company on the business was on the Bluevine list perhaps but yours? Go fund some deals. Make some money. You have to much time on your hands.

  15. #15
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    You must be a new employee. Search fundkite in the search option and read. Then answer boss. Enjoy your happy hour.

  16. #16
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    Im the CEO!!! And you still need to go and fund some deals and make money. You'll be happier, have a life and be more positive.

  17. #17
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    Quote Originally Posted by FundKite View Post
    explain why every company on the business was on the Bluevine list perhaps but yours? Go fund some deals. Make some money. You have to much time on your hands.
    Are you still presenting yourself as a funder and than brokering it Or did you stop that now?

  18. #18
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    Quote Originally Posted by RickyR3712 View Post
    Are you still presenting yourself as a funder and than brokering it Or did you stop that now?
    You realize some of the biggest "brokers" are the funders, right?

  19. #19
    Quote Originally Posted by diditevenfund View Post
    You realize some of the biggest "brokers" are the funders, right?
    This statement is fact. Even the massive shops have some sort of sales team.

  20. #20
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    Quote Originally Posted by diditevenfund View Post
    You realize some of the biggest "brokers" are the funders, right?
    Yes, not sure your point. When i submitted them a deal a couple of years back ,I got called from 2 different funders letting me know that fundkite submitted my app to them. Because of this I did not fund the deal with them.
    I do not think those iso reps will come on record as they will have nothing to gain and will just lose fundkite business.

  21. #21
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    Quote Originally Posted by FundKite View Post
    Who ever you, do come out of hiding and identify yourself. You seem to have a lot of negative things to say about us everywhere, easy to do when you are hiding behind some fake name name. Come out come out where ever you are!!!
    Type fundkite in your search option. And respond to the 30-70 posts about you. Celifarco was kind enough to say, there are better options. I prefer to stay anonymous but since you want to post on here now, and your post isn't responding to the isos who you've screwed over, and to every iso that got ****ed on commissions and renewals by you when you white labeled with Yellowstone for ****ing years. Were waiting.

  22. #22
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    Who is Celifarco?

  23. #23
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    Quote Originally Posted by FundKite View Post
    explain why every company on the business was on the Bluevine list perhaps but yours? Go fund some deals. Make some money. You have to much time on your hands.
    Many reputable funders weren't on it. What are you talking about? You're 100% iso driven right?

  24. #24
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    Quote Originally Posted by FundKite View Post
    Im the CEO!!! And you still need to go and fund some deals and make money. You'll be happier, have a life and be more positive.
    Can you please respond to posts calling you out for bull****?

  25. #25
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    Quote Originally Posted by Zonefund View Post
    Can you please respond to posts calling you out for bull****?
    Plz respond bro

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