FinTech Infrastructure

topic on 2 shows · 2 statements across 2 episodes

the Y Combinator Startup Podcast the Official SaaStr Podcast

2 statements about FinTech Infrastructure, every show

SAASTR Insight
Lacerte: Scaled fintechs must own infrastructure because bank partners cannot keep up
“If you're trying to, we wanted the ability to be able to do any type of payment because that's what customers needed. You have to, you know, make sure that you're owning that infrastructure. Versus you're lying on some third party in the bank that's going to h…”
René Lacerte May 29, 2024 ▶ 17:28 René Lacerte, CEO Bill + Jason Lemkin: "It's Just Getting Good for SMB SaaS"
Y COMBINATOR Assertion Supported
Fintech and vertical SaaS have drastically higher unicorn hit rates than consumer
“Over the last 10 years, if you started a company that did, like, fintech infrastructure or vertical SaaS for enterprise, the probability that your company became a billion-dollar company was astonishingly high. Whereas if you started something in consumer hard…”
Jared Friedman Nov 17, 2022 ▶ 12:50 How to Get and Evaluate Startup Ideas | Startup School · Y Combinator

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