Fintechs Feeling Funding Pain of Crisis and it Could be a Good Lesson

Fintechs around the world are feeling the pain of the ongoing crisis, especially when it comes to funding; companies who have raised significant capital will be safe as investors will feel the pressure to reinvest to protect their portfolio companies; smaller companies will have to go into more of a bootstrap mode which could help the companies in the long run; going back to the basics and proving out your original concept might end up being a blessing in disguise for many companies; “Go back to bootstraps — it’s a healthier process,” Ron Daniel, the CEO of Liquidity Capital, says to the FT. “A lot of people are going to lose their jobs…and you’re going to see a whole new generation of companies anyway, so maybe they will find new ways of funding themselves, maybe family and friends, not venture capital.” Financial Times

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.