Fintechs that raked in profits from high interest rates now face a key test

FinanceFWD

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Private equity investors are increasingly selling their shares before the end of the term. The deals have reached a record volume and are expected to continue to grow massively. This is changing the market. The British Neobank Revolut of co-founder and CEO Nikolay Storonsky (40) is regarded as a hot number in the fintech scene, which regularly provides headlines. Sometimes it is about entering the mobile business, sometimes about a billion-dolla…

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At Revolut, innovation is a rigorous, cadenced, and scalable process. At the opposite sides of the long and centralized development cycles, Nik Storonsky claims an approach based on repetition, volume and selection by numbers. In three years, fintech has launched 27 products, five of which have established themselves as a relay for growth ... The article Launching 20 products in parallel, the Revolut method to industrialize innovation appeared f…