How FinTechs Make Money
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!
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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!
- Check out the training calendar here for monthly LIVE workshops on a number of super hot FinTech, compliance, and digital business best practices topics! 📅
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