Interchange is a burning platform - by Matt Brown

notes.mtb.xyz · 1,621 words · saved by 1 readers

Many fintech business models are based entirely on card payments: they make money when users accept or make cards payments. Startups have been crowding into the slim and inflexible card payment fee pools, although these pools weren’t designed to support multiple venture scale businesses.

Interchange is a burning platform Matt Brown Feb 15, 2023 Share TLDR Many fintech business models are based entirely on card payments: they make money when users accept or make card payments. Startups have been crowding into the slim and inflexible card payment fee pools, although these pools weren’t designed to support multiple venture scale businesses. Even if these fee pools don’t compress (and there are several growing reasons why they might), startups are starting to realize how limiting interchange alone is. The smart fintechs that were early to realize these limitations have started to

Interchange is a burning platform - by Matt Brown

related reading