Fintech firm Paymentology expects profits in 2024
The cloud-based digital payments company was formerly known as Tutuka
22 April 2024 - 05:00
The head of financial technology company Paymentology says the business will be profitable by the end of 2024, a development that is likely to improve perceptions of the business by investors looking for returns from fast-growing technology players.
Technology businesses are notorious for burning through huge cash piles as they develop and scale their platforms. The most famous example is Jeff Bezos’ e-commerce business, Amazon, which went years without turning a profit. ..
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