Building and shaping a successful fintech should hinge on two things: customer-led proposition, and a laser-sharp focus on the bottom line from inception to scale. So why are so many well-funded neobanks still languishing unprofitably when currently, from a technological perspective, it’s never been easier—or possibly cheaper—to bring an fintech proposition to market?
Fintech Times looks at five key takeaways from Banking 2021.
1. Prioritise recurring revenue streams—pivot from interest income to service revenues
2. Niche is the new mainstream
3. Use cloud technology to leverage the fintech ecosystem…
4. Don’t go it alone—Outsource
5. Bringing it all together
Read on The Fintech Times Source
