143 - How FinTechs Make Money

Compliance That Makes Sense

FinTechs have multiple options for revenue generation, and in this episode, I am going to discuss some of the most common and easily understood revenue sources as well as some of the more complicated ones that tend to lead to pushback from regulators!

If you found value in this episode, I would really appreciate if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just click here to review, select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is.

Today's episode:

[00:39] An overview of today’s topic: The different business models that FinTechs use to make money.

[02:11] Examples of the types of fees that FinTechs charge.

[04:31] How FinTechs can make money from proprietary trading.

[04:57] Some of the FinTechs that offer subscriptions to generate revenue.

[08:00] How FinTechs can make money through advertising revenue and affiliate commissions (and the criticism that this approach often receives).

[11:49] The controversial practice of charging inactivity fees.

[12:45] How FinTechs can make money through investing customer balances and why this is a risky route to take.

[14:11] My thoughts on why advertising revenue and commissions are problematic ways of making money for FinTechs.

[17:03] Do you know of any other sources of revenue for FinTechs?

[17:33] The benefits of investing in my FinTech Compliance Self-Starter Package!

Show links:

• Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package!

• I would love to invite you to sign up for my newsletter. If you are interested, please click here.