Recap of Fintech Nexus 2023: Bright outlook despite current rough times

This year’s Fintech Nexus did not disappoint! The gathering and active discussion and debate among participants showed the resilience and enthusiasm of the industry. There was plenty of 1:1 networking and the opportunity to reconnect with friends and relationships while also meeting new connections.  And of course, there were many, many parties where conversations continued through the night. There was a recognition that things are tough and we need to get through this cycle. The optimism for the future was contagious with an understanding that great solutions and companies are being created right now – the future is looking bright beyond today’s challenges.  Here are some takeaways from this year’s conference:  1.      The current environment is tough and one that we have not seen since the dot.com bust. Investor appetite has dramatically slowed since exits are unclear. This is a cycle, and growing companies need to manage their runway to survive and come out the other end. Focus should be on profitability and unit economics while adhering to...
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