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February 29, 2020 07:00 pm GMT

Startups Weekly: Why some fintech companies arent blinking at customer acquisition costs

Distribution channels are getting saturated across the internet and beyond, and in many tech sectors the cost of acquiring new customers is crimping profitability. But so far, so good in the "great credit card craze," as Alex digs into this week for Extra Crunch. It turns out that the remaining revenue possibilities combined with the current revenues from interchange fees mean costs are staying relatively flat or so say a few well-placed execs.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/f4JSLXFdzV8/

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