Money 20/20 USA: FundPark CEO Anson Suen on closing the funding gap with AI
Money20/20
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7m 28s
Fast-growing online businesses move quickly, and they need funding that can keep up. Anson Suen, Co-Founder and CEO of FundPark, sits down with JD Durkin at Money 20/20 USA in Las Vegas to explain how the company is making that possible. A former e-commerce shop owner himself, Suen shares how FundPark uses real-time data on sales, inventory, logistics and customer demand to power AI-enabled funding that keeps pace with the businesses it serves. Over the past decade, FundPark has supported more than 40,000 online shops and provided more than $10 billion in financing, with $4.1 billion of that in the past 12 months alone. Suen also discusses the institutional investors backing FundPark’s growth, including Bain Capital’s recent commitment of up to $250 million, and why the company’s next decade is about giving entrepreneurs AI-powered insights to run and grow their businesses, not just capital.
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