086 - Mara Raised 23 Million and Received Important Advice From Its Investors

<p><span style="font-weight: 400;">Although money-moving businesses are an essential service, FinTech startups can still face major challenges during times of economic hardship. In today’s episode, I share how some steps that you can take to prevent your FinTech startup from being decimated by the economic downturn we are heading towards.</span></p> <p><span style="font-weight: 400;">If you found value in this episode, I would really appreciate if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies!</span> <span style= "font-weight: 400;">If you are on Apple, just </span><a href= "https://podcasts.apple.com/ch/podcast/compliance-that-makes-sense/id1535160531"><strong>click here to review</strong></a><span style="font-weight: 400;">, select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is. </span></p> <p> </p> <p><strong>Today's episode:</strong></p> <p><span style="font-weight: 400;">[00:44] The inspiration for this episode.</span></p> <p><span style="font-weight: 400;">[01:02] A valuable piece of advice that Mara received from its investors. </span></p> <p><span style="font-weight: 400;">[01:30] The major collapse that recently occurred in the equity and crypto markets, and what this could signal.  </span></p> <p><span style="font-weight: 400;">[02:33] Negative economic developments that are causing pain for a lot of people.</span></p> <p><span style="font-weight: 400;">[03:43] Examples of how FinTech startups can prepare for an economic downturn.</span></p> <p><span style="font-weight: 400;">[05:59] Why the FinTech sector will be affected less than other industries during an economic downturn. </span></p> <p><span style="font-weight: 400;">[06:39] Challenges that FinTech startups are likely to face during an economic downturn. </span></p> <p> </p> <p><strong>Show links:</strong></p> <ul> <li style="font-weight: 400;" aria-l