9 Growing Pains of Fintech Companies and How to Overcome Them

Fintech startups have led a wave of innovation in the financial sector in recent years. New companies, built on modern technologies, have quickly captured market share from older, more established businesses.
As investment in fintech startups continues to rise, competition is also increasing as companies expand into a growing number of product areas, widen their customer base and target international growth. In this race to grow and scale up, fintechs face challenges across many fronts, including improving product profitability, recruiting and retaining talent, managing risk, and complying with regulations.
In this guide, you will find an overview of the latest trends in the fintech sector around investment, technologies, products and customer markets. We then address the 9 key growing pains for fintech startups and look at how they can tackle them to ensure they are equipped to attract investment and scale up rapidly.