Schwartz: FundKite's eventual acquirer will be a bank or hedge fund
Alex Schwartz · Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin? · Mar 21, 2024 · at 29:52
Alex Schwartz, CEO of FunKite, discusses prospective exit scenarios and institutional buyers for the fintech firm.
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“There's really going to be only two buyers, right? There's either going to be a bank who's going to need, you know, this full setup that can underwrite and fund deals, or it's going to be a hedge fund that's just got an enormous amount of money to put out and wants a vehicle to be able to do it through seedless.”
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