RESILIENT FINTECHS IN CHALLENGING TIMES
AS INVESTMENT OPPORTUNITIES SHRINK AND SCALING STARTUPS PUT THEIR BRAKES ON EXPANSION , WE SPEAK TO INDUSTRY EXPERTS ABOUT HOW STARTUPS CAN INCREASE RESILIENCE
WRITTEN BY : JOANNA ENGLAND
The fintech space is having a difficult time at the moment with the investment environment providing challenges and consumer spending curtailed by the doom-and-gloom of high interest rates and inflation .
Some companies have had to freeze or downsize their workforce . Others have pulled back on that all-important IPO . Valuations and stock values have also taken a hit , as the global economic climate continues to proffer bad news .
It ’ s not easy to survive , let alone thrive in such an unstable environment .
82 December 2022