Its founders describe the platform as a tech driven solution to "automate, streamline and standardize" TV and film production financing. This will give distributors and rights owners immediate access to cashflow by bridging the gap between content licensing and contract payout.
Estimated reading time: 0 minutes, 22 seconds
Purely Capital Goes Online Thanks to $150M Line of Funding
Purely Capital announced it is launching an "entertainment FinTech receivables platform" on the back of a $150 million funding line from Finch Capital. So reports Yahoo! Finance.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Sep 03 2020
-
Written by FinTech News Brief Staff
The IRS issued new guidance indicating cryptocurrency earned from crowdsourcing-based…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-