News outlets: Founder Mitch Jacobs
FOX: You are now on to your 4th innovative
startup in the financial technology space.
Mitch: You know, we solved access to
capital with OnDeck, we're going to solve
access to customers with the next company.
FOX: Access to customers, what does that mean?
MITCH: Well, you know what's been
happening for the 20 years I've worked
with Main Street, as I've watched these
businesses just continuously getting
squeezed by different programs that are
trying to help. Saying let's go out
there to help them drive sales,
but in reality they just end up
being a deeper and deeper discount for
the consumer. So, what we believe is
that there's a better balance that can
be struck. And most people, when it comes
to Main Street, they don't want to hurt
their Main Street business. They want to
support them. So, when you create great
incentives for consumers that also
really, you know properly maximize
for the Main Street business owner.
Mitch: Hi, I'm Mitch Jacobs founder and CEO of Fanbank.
Thank you so much for following up
on your Fanbank invitation. I hope that
by now, you get what this is all about. If
you accept your invitation, you become
the exclusive business in your
category to have access to the
incredible partnerships that we've
created with Hollywood, pro sports, and
the music industry and you get the
prizes and purchase incentives that
we've recruited through those
relationships to power commerce for your
business. But I wanted to take just a
second to talk about why we're building
Fanbank. Why are we putting our heart, our
soul, and our capital into building this
platform for you? Well it's very simple:
We believe in Main Street. We believe
that the problems that we all face in
the world get solved by strong local
communities. And at the heart of strong
local communities, it's you. It's your
business, and it's the strong, reputable,
independent businesses like you that
make communities healthy and strong. So
we want to make sure that whenever
someone is going out to eat, shop, and
play, they do it at your business. First,
we know that you have the best products
and services and we know that you put
pride and passion into everything you do.
We just need to make sure that they are
reminded of it every single time they
reach in their wallet to
make a purchase. That's why we're
building this. Because we believe if you
succeed, we all succeed. So listen, my
email is right there on the screen. I
encourage you to reach out to me. Contact
me anytime and we really hope that
you'll join us as we build something
great for Main Street.