Stacey Abrams co-founded fintech company Now raises $9.5M – TechCrunch
After co-founding Insomnia Consulting, Stacey Abrams and Lara O’Connor Hodgson started Nourish to address a personal problem. “[O’Connor Hodgson] needed to put together a baby bottle and had to trust the waiter to take the bottle back and wash it. “We sell bonds in the capital market, just like American Express does,” O’Connor Hodgson explains. O’Connor Hodgson says the average wait time for invoice payment expanded from around 50 days to between 70-80. “We have served over 1,000 small businesses and we have processed over $700 million in transactions,” says O’Connor Hodgson.