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14min chapter
855. News: Zopa reaches profitability, Chime get fined and Ant goes to Saudi
Fintech Insider Podcast by 11:FS
Navigating Profitability and Regulatory Scrutiny in the Fintech Industry
This chapter delves into the increasing pressure on US and Canadian fintech companies to achieve profitability, leading many to pivot their business models for success. It discusses specific examples like Chime facing fines for delays in refunds and regulatory challenges, highlighting the broader issue of regulatory scrutiny in the industry. The conversation explores the impact of regulatory barriers on obtaining banking licenses and speculates on potential shifts in regulatory bodies post-election.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode