The Top Entrepreneurs In Money, Marketing, Business And Life
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:33:23
- More information
Informações:
Synopsis
CEO Alex Shvarts shared a default rate of 15%, charge off rate of 6.8%, along with significant expenses related to acquisition costs, and interest expenses. The firm is targeting $300m in capital deployed in 2024. If it hits its target, does this FinTech SMB factoring company have enough margin to survive long term?