Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin? - podcast episode cover

Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?

Mar 21, 202433 minEp 2844Transcript available on Metacast
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Episode description

CEO Alex Shvarts shared a default rate of 15%, charge off rate of 6.8%, along with significant expenses related to acquisition costs, and interest expenses. The firm is targeting $300m in capital deployed in 2024. If it hits its target, does this FinTech SMB factoring company have enough margin to survive long term?