It’s been a long time since we’ve seen such positive signals in fintech

It’s been a long time since we’ve seen such positive signals in fintech

By TechCrunch, Mary Ann Azevedo, Kell, Theresa Loconsolo, Rebecca Bellan, Kirsten Korosec, Devin Coldewey, Margaux MacColl

Today, Mary Ann and Alex  dove deep into encouraging signs from the fintech startup market:

Solid results from Klarna are on top of Alex’s mind. The company’s ability to continue growing while staying profitable is a reminder that one down-round does not a company kill.Fintech fundraising results were on Mary Ann’s mind as we wait for venture capitalists to re-accelerate their investments in the space. Sure, no one wants to return to 2021-era insanity, but after so long in the valuation doghouse, perhaps fintech has reached its nadir?And we leaned on data. Here’s the American consumer debt information Alex referenced, Affirm results will drop here, and the CB Insights venture data we cited is here.

More to come in our Friday news roundup! Talk to you then!

For episode transcripts and more, head to Equity’s Simplecast website.

Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders and more!

Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.

-
-
Heart UK
Mute/Un-mute