The Other 50: All roads must lead to Profitability

Digital only banks have been gaining popularity in recent years, especially in developing economies that previously lack formal financial services infrastructure. Apps such as M-Pesa (in Kenya), Alipay and Tencent pay (in China), and Nubank (in Brazil, Argentina, and Mexico) provide their consumers with a convenient and cost effective means of banking via mobile phones. Even fintech startups that previously offered investment services only are rushing to add banking to their portfolio. Despite the popularity, however, one crucial question remains: How sustainable are their business models? Most of these startups have yet to turn a profit and are largely dependent on massive venture capital. In this week’s “The Other 50” podcast, Theo and Brad chat with Tanya Andreasyan, MD and Editor-in-Chief of FinTech Futures, where they talked about the state of challenger banks and fintech funding, and what the future holds.One Vision Podcast is a fintech, banking, and AI podcast hosted by Theodora Lau (Founder, Unconventional Ventures; author of Banking on (Artificial) Intelligence). One Vision goes beyond the headlines on AI, agentic commerce, digital banking, financial inclusion, and the future of money — with founders, analysts, venture capitalists, technologists, and operators building the next chapter of financial services. New episodes weekly. Featured guests include leaders from Ant, bunq, J.D. Power, Forrester, IBM, Microsoft, Salesforce, SAS, SAP, and Wall Street Journal. Recognized in American Banker's Top 20 Most Influential Women in Fintech. Hosted on Acast. See acast.com/privacy for more information.