FinTech Magazine - December 2022 | Page 78

“ With consumers having to go cashless at the height of the pandemic , many realised how convenient mobile phone payments are ”
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product offering . “ We ’ ve always felt it ’ s critical , in good times and bad , not to overindex and rely on one part of the business that might be doing well today – as this might not be the case tomorrow . Having said that , you do always need to ensure that your core business proposition is both scalable and has a route to being profitable in and of itself before you start adding new components .”
With many consumers facing a costof-living crisis this winter , Karsli predicts that money management and budgeting

“ With consumers having to go cashless at the height of the pandemic , many realised how convenient mobile phone payments are ”

SAREL TAL , VP EMEA , RAPYD
78 December 2022