How Jay-Z’s Fintech Investment Could Inspire Music Industry Innovation

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Here’s how Jay-Z’s fintech investment could inspire music industry innovation:

for companies including Airbnb, DoorDash and Twitch. The entrepreneurs built the app last summer and have since been collaborating with the music industry’s Roc Nation as well as record producer, songwriter and record executive Tahj Morgan . ... [+]getty

By pulling a user’s existing payments and subscriptions to demonstrate responsibility to U.S. credit bureau partners, Perch quickly establishes his or her credit history. According to Broughton, users typically notice improved credit scores in less than 30 days versus traditional credit card and loan-based methods that typically take between six and eight months on average for the same results.

 

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