This fintech was unusually not so active at the global fintech fest this year. It’s understandable, given how contracts are being renegotiated and despite a year’s hard work, things aren’t playing out as planned. What’s complicating the matter is the unending exits that’s has spooked this company for many months. and another critical business head quitting a few days ago was the last straw. Meanwhile, as the company is relentlessly attempting a round of fund-raise, it seems the tussle within the board deepens. Apparently one of the well-known board members is having a tough time realign with how fintechs works. The board is batting for fast growth, like all fintechs, and this veteran wants the company to take a back seat. We understand that the next round of funding may not come through easily if this old hand stays around. Who will give in?
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.