New Report Examines BNPL Providers’ Painful Pivot to Profitability

The Bursting FinTech Bubble Places Primacy on Profitability: The BNPL Issue

After years of easy money and rapid growth, the FinTech bubble burst in 2022 amid economic challenges. A new monthly report, the “FinTech Tracker®,” a collaboration with Sezzle, takes a deep dive into FinTechs’ sometimes painful pivot to profitability, starting with BNPL.

Inside the March Tracker
  • As many FinTechs navigate the challenging path toward turning a profit, an industry insider discusses how a company needs to be its own worst critic to improve business operations.
  • Affirm laid off 19% of its workforce in February as the company’s net losses increased significantly, while the second-largest banking failure in U.S. history left many startups in a bind.
  • Although there is no sure way to profitability, companies can improve their financial situations. Find out which strategies can help.

    First Name*

    Last Name*

    Title*

    Company*

    Country*

    Work Email*

    BY COMPLETING THIS FORM, I HAVE READ AND ACKNOWLEDGED THE TERMS AND CONDITIONS.

    FinTech

    Beyond the Headlines: Understanding BNPL’s Impact on Consumers
    The Path to FinTech Profitability Must Be Fraud-Proof
    The FinTech-Bank Relationship Shifts Toward Collaboration
    FinTechs' Role in Improving Access to Lending Services