In Part I of our series on Digital Payments Monetization, we presented a brief primer on the economics of the Merchant Discount Rate (“MDR”) model. In this…
In our recent post, “Bips and Takes vs. SaaS: the Battle for the Future of Commerce and Fintech”, we argued that SaaS pricing strategies provided a better way forward than the traditional…
In our recent post, “Fintech and Commerce Are About to Get More SaaS-y”, we pointed out how the current market context and prevailing market trends will drive fintech and commerce companies to embrace…
In our recent LEAP 2023 Outlook, we highlighted the SaaSification of Fintech and Commerce as one of our key investment themes. We expect founders building applications across traditional financial services and commerce value chains to add more SaaS-type…
1.Burn Multiple > Burn Rate. Reducing burn to manageable levels is now table stakes. But cutting burn is a means to an end. Focusing on a specific percentage (i.e. we will reduce burn by XX%) or a specific monthly target (i.e. we will…
Top 10 Investment Themes Worth LEAPing Into
We have spent several months recalibrating some of our key investment themes. While we remain laser-focused on secular growth opportunities in our key sectors (Fintech, Commerce, and SaaS), we are reassessing the tactical…
This is the second in a series of articles that we will publish on Financial Inclusion (see our first article, which focused on the United States, here). In this article, we focus on financial inclusion in Mexico, which we see as a microcosm of the developing world’s…
Over the last several weeks, I have participated in a number of candid and thought-provoking conversations around the diversity gap for founders of color in venture capital (VC). These calls were hosted by champions of…
