However, as more and more players seek to establish themselves, the competitive landscape grows that much fiercer. Meanwhile, the available funding is finite, and in 2023, it was notably lower compared to previous years.
The market data from S&P Global indicates that funding into global fintech companies dropped by 49% in the first half of 2023.
In an oversaturated market where so many companies are fighting over survival, to successfully complete an exit makes for a powerful symbol of success.
However, it is not a simple task to accomplish. Whether the company’s efforts come to fruition depends greatly on how the leader thinks and what strategy they choose to emphasize.