Fintech companies, which have different business models and funding structures, are taking steps to strengthen their funding, including finding long-term investors willing to ride out a shaky economy, seeking out additional loan buyers and, for those with a bank charter, relying more on deposits.
| less than a minute read
Fintech CFOs seek reliable funding as investors pull back, demand higher yields
“We’re in a bit of a paradigm shift now, going from using what historically would have been purely at-will capital to finding more permanent-style, long-term capital partners,” Mr. Datta said. The company said it’s early in the process of searching for those investors, and declined to provide additional details.
