Business Warrior Corp (BZWR)

[bob4uall]

I think PayPlan had substantial roots in Alchemy, judging by an April, 2022 post at https://www.trustalchemy.com/2022/04/05/alchemy-launches-commercial-and-small-business-lending-saas-platform/ .

There, they said:

Alchemy Launches Commercial and Small Business Lending SaaS Platform 2022
Alchemy enters the commercial lending space with a fully embedded financing software to help commercial and small business lenders automatically approve applicants through integrated decision engine as well as servicing platform.

And:

Alchemy Launches SME Lending SaaS Platform
One of the biggest reasons why our customers love our platform is because of its simplicity of user experience both for small business owners and lenders. We’ve spent years perfecting our complete digitized and automated application process and decisioning engine as well as workflows that allows lenders to negotiate with their borrowers before a final offers is signed. Our powerful loan management system can manage line of credit, installment loans and revenue based repayment structures. This system can manage disbursement of funds not only to small businesses but also directly to their vendors for direct payment. The alchemy lending system also covers repayments, payment reminders, collections modules etc to help lenders to stay on top of their portfolio and investment.

I don't doubt that significant improvements have been made since then. With the Alchemy acquisition, I assume BZWR got the rights to the budding PayPlan software as well as its team of developers. It could turn out to be a great investment if PayPlan becomes an industry leader (or even just one of the better lending software choices out there).

The shareholder call sounded like BZWR created PayPlan. I'd say that's true since it seems they named it and marketed it. I also don't know how much has been added after Alchemy turned over what they had.