Pivot To Profitability news and trends

Why FinTechs Should Never Stop Climbing the ‘Profit Hill’
Startups // July 26, 2023

We’re a long way from the halcyon days of FinTech funding just a few years ago. Sezzle CEO Charlie Youakim and Vera Equity Co-founder Jon Pomeranz told PYMNTS Karen Webster that in the current environment marked by higher costs of capital and nascent firms that...

Index Ventures’ Fiorentino Says FinTechs Need ‘Thrive but Survive’ Mindset to Ease Path to Profitability
Startups // July 13, 2023

Following a years-long venture capital (VC) bull market that saw FinTech startups raise billions of dollars in funding, the challenging macroeconomic market has led to a sharpened focus on belt-tightening, with firms now under mounting pressure from investors to have a clearer path to profitability....

FinTechs’ Latest Profitability Challenge Is Finding Business Models Beyond Interchange
Digital Banking // May 12, 2023

FinTechs are facing an existential crisis now that the age of easy access to capital is over. Investors — running the gamut from private venture capital firms to Wall Street activist investors and retail masses — are demanding to see profits. Sustainable black ink on...

Sezzle CFO Says Shared Goals Key to Navigating Uncertain Times
CFO // April 12, 2023

Shared points of view that avoid single points of failure are helping CFOs accelerate growth. That’s according to Karen Hartje, chief financial officer at FinTech platform Sezzle, who emphasized during a conversation for “PYMNTS CFO Series: What’s Different?” that cross-departmental communication is critical for business...

Interviews & Exclusives
Index Ventures’ Fiorentino Says FinTechs Need ‘Thrive but Survive’ Mindset to Ease Path to Profitability

July 13, 2023
Following a years-long venture capital (VC) bull market that saw FinTech startups raise billions of dollars in funding, the challenging macroeconomic market has led to a sharpened focus on belt-tightening, with firms now under mounting pressure from investors to have a clearer path to profitability. But how long will it take to achieve that holy […]

Sezzle CFO Says Shared Goals Key to Navigating Uncertain Times

April 12, 2023
Shared points of view that avoid single points of failure are helping CFOs accelerate growth. That’s according to Karen Hartje, chief financial officer at FinTech platform Sezzle, who emphasized during...