#31: Fintech Struggles, Netflix Rises and 'Big' is Winning
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Challenges and Misconceptions in the Fintech Industry
This chapter discusses the struggles of fintech companies, such as Brex, and their efforts to disrupt the banking industry. It examines the challenges faced by these companies in achieving high valuations and the misconception of some businesses masquerading as technology companies. The chapter also explores the concept of platformization and the need for fintech companies to go beyond point solutions and build deep relationships with customers.
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