Michael Carter

Michael Carter

Michael writes about fintech strategy and operations for FintechSpecs, covering pricing models, banking-as-a-service, payment infrastructure, and the tools fintech founders use to scale. He focuses on the decisions behind the stack, not just the stack itself.

Why Most FinTech Startups Stall Between $1M and $5M ARR

Why Most FinTech Startups Stall Between 1M and 5M ARR 1

Understanding why fintech startups stall between $1M and $5M ARR starts with recognizing that founder-led traction, which drove initial growth, cannot be reproduced at scale without repeatable positioning, systematic acquisition, automated operations, and compliant infrastructure. The bottleneck is rarely market…