Fintech businesses combine the high growth, challenger spirit and hectic workload of start- up companies with the fast-moving world of technology and software development. Many Fintech companies tend to burn cash quickly and require multiple rounds of funding because of the competitive nature of the markets in which they operate combined with the speed of innovation and the need to acquire market share rapidly. Consequently, Fintechs must balance internal and external pressures, including additional financial processes and regulatory requirements as they look to grow.
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