Get fintech-ited with these reasons to be cheerful

January 31, 2024

In this article, the author discusses reasons to be positive about the fintech industry. They highlight two fintech companies that have achieved profitability and sustained growth, demonstrating the potential for success in the industry. The first company mentioned is Neo, a cross-border payments and foreign exchange fintech that saw annual revenue of over €5 million and an annual profit of €1 million. The second company is Bunq, a Dutch neobank that reported €53.1 million in net profit in 2023 and plans to expand into the UK. These success stories demonstrate that fintech companies can be profitable and have a positive impact on the financial services industry.

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