#387: Eliot Buchanan of Plastiq

Being a small business owner has many challenges. Deal with finances is one of the major stresses for any small business and fintech is really starting to make a difference here. But what if we could take the financial component of any small business and take it from a cost center to a profit center, or at least make it cost-neutral?My next guest on the Fintech One-on-One Podcast is Eliot Buchanan, the CEO and Co-Founder of Plastiq. They help small businesses with flexibility on both how they pay and accept payments, offering a full suite of innovative offerings.In this podcast you will learn:The problem Eliot had that led to the founding of Plastiq.Why they evolved from a consumer business to focus on small business.Details of their flagship product, Plastiq Pay.The three other products they now offer.Why they created an embedded finance product for small business platforms.How Plastiq is turning credit card acceptance on its head.The types of businesses that are using Plastiq.How financing through Plastiq is even cheaper than bank capital.Why they decided to go public via SPAC in 2022.How they are making this move with their eyes wide open.What they are planning to do with a new war chest of capital.How a Main Street business should view Plastiq.Eliot's vision for Plastiq.Connect with Fintech One-on-One:Tweet me @PeterRentonConnect with me on LinkedInFind previous Fintech One-on-One episodes