• The Great Restoration - How Fintech Must Adapt to Changing Markets

  • Jul 31 2024
  • Length: 37 mins
  • Podcast

The Great Restoration - How Fintech Must Adapt to Changing Markets

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  • Summary

  • In this episode, Leah interviews Greg Cohen, CEO of Fortis about the current state of the financial technology industry. They discuss the concept of "The Great Restoration" and how the industry is experiencing a shift due to changing interest rates and market dynamics. They also explore the challenges faced by startups in the industry, such as the need for profitability and regulatory compliance. The conversation highlights the importance of building a strong foundation and focusing on long-term sustainability in order to navigate the changing landscape.

    Takeaways:

    • The financial technology industry is going through a 'great restoration' due to changing interest rates and market dynamics.
    • Startups in the industry are facing challenges such as the need for profitability and regulatory compliance.
    • Building a strong foundation and focusing on long-term sustainability is crucial for navigating the changing landscape.
    • Acquisitions and partnerships can be opportunities for growth and scalability.
    • Regulation can help legitimize and create a level playing field for emerging payment methods like buy now pay later.

    Feel free to leave comments/questions here or go to our website: practicalpmpodcast.com for more.

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