Fintechs Scale Back And Fold As Funding Channels Dissipate
Asian Banking & Finance|Issue 110
Financial technology (fintech) companies are facing a funding shortage that has forced many to scale back or fold operations, as venture capital and private equity firms turn more selective on their funding.
Fintechs Scale Back And Fold As Funding Channels Dissipate

FINTECH

Fintechs’ “build now, profit later” business models will no longer fly in the current world of high-interest rates and lower growth potential, which has made venture capital firms and private equity firms more selective where to funnel their money, according to Moody’s Investors Service.

This story is from the Issue 110 edition of Asian Banking & Finance.

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This story is from the Issue 110 edition of Asian Banking & Finance.

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