The FinTechs are burning through cash. The capital markets are pulling back. The FinTech IPOs are underwater. So coming back to Wall Street for more money may be tough sledding. The FinTechs that have gone public since March 2020, if that is the date —...
Funding company Shopify Capital just released details from its Q1 2017 earnings call, which many are speculating will lead to a 25 percent return on investment (ROI). Following a recent $561 million equity funding round, and with $18.6 million in merchant cash advance (MCA) and $11...
April 28, 2023
“It’s a really difficult time to be a CFO and think strategically,” OpenEnvoy CEO Matt Tillman told PYMNTS’ Karen Webster. “Lately, it’s been more about, ‘What fires can I put out?’” Not all that long ago, chief financial officers may have relied on a single banking relationship to manage cash in and cash out, to […]
March 07, 2023
The FinTechs are burning through cash. The capital markets are pulling back. The FinTech IPOs are underwater. So coming back to Wall Street for more money may be tough sledding....