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Entrepreneur Paige Graham on Growth, Seasonality & the Best Merchant Tools Paige’s Candle Co. is a homegoods merchant based in New York City and a small business collaborator for us on custom gifts. We caught up again with founder Paige Graham on how her business is evolving, her favorite tools, and plans for growth...
Amid market volatility and inflation, many economists believe we’re poised for an economic downturn or a recession. For small- to medium-sized businesses (SMBs) and those who lend to them, priorities are shifting. Enigma partnered with Fintech Nexus to host a virtual panel discussion about how to navigate SMB lending in a down market and why data will help us weather the impending storm. Here, we break down the top takeaways from the discussion and actionable insights for lenders.
Our Compensation Philosophy: Transparency, Uniformity, Fairness In this post, we’ll share an overview of our compensation philosophy and how we approach performance management by measuring impact.
AUC is Worthless: Data Science in the Business World In his recent conference session at PyData Global London 2022, “AUC is Worthless: Lessons in Transitioning from Academic to Business Data Science,” Dillon walks through an example of how a better understanding of business can lead to better data science outcomes...
"Product Vision: Answering Any Question About a Small Business" Many of Enigma's customers are concerned that small business delinquencies will rise in the second half of the year, leading to a renewed focus on risk assessments. Last year many lenders were laser-focused on growth. Now, more customers want to discuss how they can step up their portfolio monitoring capabilities...
Our VP of People, Stephanie Spiegel was interviewed by BuiltIn NYC and spoke about "How the Pandemic Sparked a Well-being Revolution"
Understanding a company’s growth potential or risk requires taking a look at the full picture of the business – across all of its physical locations and online revenue streams. To provide this comprehensive view of a small business’s financial health to our customers, we are excited to introduce two new product features...
Alcohol sales have been on the rise over the past few years, a trend accelerated by the pandemic. As bars and restaurants closed for lockdowns, sales of alcohol for consumption “off-premises” saw steady increases. Despite the increases in off-premises buying, it wasn’t a big year for wine shop grand openings. Our data show new beer, wine shop and liquor store openings declined over the three-year period of 2019 to 2021, with a steep drop off between 2020 and 2021, as you’d expect. And yet...
It’s been 2 years since we adopted a hybrid-remote working policy. Enigma’s CTO, Ryan Green, reflects on what our technical teams have since learned about communication and the 5 calibrations they’ve made to work better together...
Retreat Recap: Technical Teams Convene in Savannah It was an early Wednesday morning, November 2021. My heart bursting with excitement, I got out of bed to check my phone. Thirty minutes until the Uber arrived to take me to Newark Airport. It was Day 1 of Enigma’s Engineering/Data Science team retreat in Savannah, GA...