It’s been a long time since we’ve seen such positive signals in fintech
The Equity crew is diving deep into encouraging signs from the fintech startup market, starting with Klarna's Q3 results. The company’s ability to continue growing while staying profitable is a reminder that one down-round does not a company kill. From there, we're taking a look at BNPL consumer behavior and fintech fundraising results with a 2021 flavor.
Equity · TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Sean O'Kane, Theresa Loconsolo
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Show Notes
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!
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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.
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