[yaseer]

I know little of finance, so let me see if I've understood correctly...

Finley's software automates the generation of debt capital reports. These reports are a regulatory requirement.

It's really hard because: A) there's lots of unstructured data, & B) The reports require real-time data for their credit models.

Is that the right ballpark?

[jeremytsui]

Hey I'm Jeremy, CEO of Finley. That’s exactly right--when I was a debt investor at Goldman Sachs (which is on the receiving end of these reports), I spent 30% of my week reviewing and correcting the reports that came in. All of that happened in Excel and required dozens of rounds of back-and-forth with borrowers. It's a really tough technical problem given data comes from a number of sources depending on a borrower's given industry. Given this dynamic, we're focused on fintech and proptech first, because that's where real-time data is most accessible