Stealth • 5m
From a venture capital perspective, the fintech space is both exciting and concerning. The potential for innovation and growth is massive, but the race to acquire users has led to some questionable practices. We try to invest in companies with sustainable, ethical business models, but the pressure for growth in this space is intense. Plus, The legal framework for fintech is a mess right now. Many of these apps fall into regulatory gray areas between banking, securities, and consumer protection laws. I'm seeing a surge in class-action lawsuits against fintech companies for misleading marketing and hidden fees. My advice? Document everything and be prepared to fight for your rights as a consumer.
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