Fintech
Glimmers of hope in fintech as funding rises
Clearer path to profitability and not just strategies for growth critical for investors
Investors in fintech are shifting more of their focus to profitability but there are glimmers to be found with a slight bump in funding volumes.
That’s according to a report from tech investment bank DrakeStar that shows VC firms are sticking to the trend that emerged in late 2022 whereby investors wanted to see a clearer path to profitability and not just strategies for growth.
Despite that uncertainty, driven by a downturn in the tech ...