Although money-moving businesses are an essential service, FinTech startups can still face major challenges during times of economic hardship. In today’s episode, I share how some steps that you can take to prevent your FinTech startup from being decimated by the economic downturn we are heading towards.

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Today's episode:

[00:44] The inspiration for this episode.

[01:02] A valuable piece of advice that Mara received from its investors. 

[01:30] The major collapse that recently occurred in the equity and crypto markets, and what this could signal.  

[02:33] Negative economic developments that are causing pain for a lot of people.

[03:43] Examples of how FinTech startups can prepare for an economic downturn.

[05:59] Why the FinTech sector will be affected less than other industries during an economic downturn. 

[06:39] Challenges that FinTech startups are likely to face during an economic downturn. 

 

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