One of the key drivers for growth and profitability is customer retention. You may be converting a nice piece of your traffic into sales. But you must have a healthy customer retention rate, i.e. your ability to keep a paying customer over a period of time. Else, you will be spending more money over time on acquiring new customers.Read More
End of June the balancr team had the pleasure of being in Copenhagen for Money20/20 Europe 2017.
We were excited to be attending, as this was our first time attending a Money20/20 event and also the first public event for showcasing balancr. We were looking forward to meeting lots of interesting people from the industry, getting feedback on balancr and also discovering what everyone else was working on.Read More
Even with LinkedIn, Slack and WhatsApp, nothing quite beats meeting people face-to-face and connecting with others in your industry. Especially in the fintech industry where partnerships and personal relationships are essential for the success of
In an industry which is known to be slow to adapt to current digital trends, it feels like financial technology or more commonly known as fintech, is experiencing a renaissance lately.
Fintech startups are emerging from around the world. In a previous post, we listed some from Germany worth keeping an eye on. But that only provides a snapshot of what’s happening globally and what solutions are being developed. Technologies such as blockchain, machine learning, and artificial intelligence are being used to build products that improve the customer experience for financial services.
While all of this sounds great, behind the scenes there’s a number of unique challenges when starting up. Here, we take a look at what they are based on our experience working in fintech.Read More
The API Platform For Early-Stage Fintechs To Track And Manage Their Users Balances
Today we’re excited to announce the launch of balancr, an API platform that will make balance and transfer management a breeze for fintech startups and also for other companies who need to track the balances of different kinds of stored value.Read More
Fintech startups in Europe seem to have always been centered in the