By using fintech to enable marketplace transactions, startups will be able to unlock new frontiers of opportunity. Fintech-enabled marketplaces are the next stage in marketplace evolution.
They were rejected by 200+ investors. They were turned down by every single payment processor in the country. They discovered they were in violation of USPS regulations, and almost ran out of money. Yet today, Poshmark is one of the most successful marketplaces of all time.
