This is the third and final part of a series on vertical ERPs (VERP).| notes.mtb.xyz
Fintech startups must grow fast but manage risk. Most fintechs get good enough it by limiting the downside of risk, but cap their upside in doing so. However, the best fintechs find ways to turn that risk into core IP and leverage for the business.| notes.mtb.xyz
This is part 2 of a 3-part series on Vertical ERPs (VERPs).| notes.mtb.xyz
B2B payments is a ghost market because everyone focuses on the “payments” part. The real problem is in the workflows and data that precede the actual payment.| notes.mtb.xyz
Vertical software is a great category to build and invest in. But the label and strategies behind it are quickly becoming irrelevant. The opportunity to build vertically focused companies is larger than ever, but the winners and their strategies won’t look like today’s vertical software.| notes.mtb.xyz
The two trends I’m most bullish on are vertical software and embedded fintech. Businesses of all sizes and industries rely heavily on software increasingly built for specific verticals. Within verticals, businesses increasingly prefer the convenience of integrated, all-in-one suites over multiple disconnected vendors. These software suites have started embedding financial products to provide more value, monetize at a higher rate, and increase customer retention.| notes.mtb.xyz
Payfac is the model behind fintech’s biggest successes, from Stripe and Square, to Shopify, Uber, and more. It's a critical but misunderstood topic, so here's an explainer in 1,000 words.| notes.mtb.xyz
How the SaaS and fintech models are breaking down, why food delivery and dark kitchens provide an alternative model, and what the future of software may look like as a result| notes.mtb.xyz