Half of European Fintech Unlikely to Reach Profitability With $550M of VC Money at Risk

Half of European Fintech Unlikely to Reach Profitability With $550M of VC Money at Risk An industry report released by fintech expert WinYield reveals that many European lending fintech models are unviable, lack appropriate credit experience and will not be profitable. WinYield cautions European lenders to stop expecting a US approach to work in Europe. […]

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