50% of European fintech startups may not reach profitability, putting $550M of VC money at risk – WinYield
European fintech lending startups have secured more than €11 billion in debt facilities in 2023 to facilitate lending to consumers and businesses. However, there are emerging issues with their credit models and overall approach. Credit fund WinYield, following 95 in-depth
The post 50% of European fintech startups may not reach profitability, putting $550M of VC money at risk – WinYield first appeared on TechStartups.
European fintech lending startups have secured more than €11 billion in debt facilities in 2023 to facilitate lending to consumers and businesses. However, there are emerging issues with their credit models and overall approach. Credit fund WinYield, following 95 in-depth […]
The post 50% of European fintech startups may not reach profitability, putting $550M of VC money at risk – WinYield first appeared on TechStartups.