How Fintechs Might Fare in a Recession

There are growing signs that a recession could be coming sometime in the next couple of years; most fintech firms have not yet dealt with such an event and many wonder how these companies will fare when times are not good; newer fintechs will probably be the companies most in trouble, having scale and long term deals with banks will help to set up more established players; current valuations are one thing that worries Chris Sugden of Edison Partners, “The fintech market has been one shining example of a lot of enthusiasm and lots of money coming in. That’s why valuations worry me more than a recession.”; no one has a crystal ball but companies are going to be tested when the next recession comes and the better established they are the better they will probably fare. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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