US EditionOut of Europe's 66 Fintech Unicorns, Only 13 are Profitable - Fintech Schweiz Digital Finance News - FintechNewsCH
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Out of Europe's 66 Fintech Unicorns, Only 13 are Profitable - Fintech Schweiz Digital Finance News - FintechNewsCH
Though Europe has emerged as a hotspot for fintech innovation and the creation of billion-dollar startups in the sector, profitability remains elusive for many. According to an analysis by Sifted, a media focused on the European startup ecosystem backed by the Financial Times (FT), only 13 of Europe’s 66 fintech unicorns are profitable fintech companies. This showcases that many of these startups are prioritizing rapid growth over sustainable re…
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