Paynetics’ Post

🚀#Fintech blends #finance with #technology, transforming how we handle money & transactions. #Startups in this field are reshaping traditional finance. Let's explore fintech startups & their impact. 🧐Discover more: https://lnkd.in/gy4PidjN #Scaleup #Investment #Innovation #Entrepreneurship #TechTrends #Technology #Leadership #Growth #Success #Management #Enterprise #Funding #StartupSuccess #BusinessGrowth #OpenScience #OpenAccess #Business #Startup #Startups #Entrepreneur #SME #Tech #EU #Europe #AngelInvestor #Venture #Businessman #VentureCapitalists #Crowdfunding #RAISE #InnovationCulture #FutureOfBusiness #DisruptiveTech #DigitalTransformation #SmallBiz #FounderLife #InnovationEcosystem #AngelInvesting #SeedFunding #TechStartup #BusinessStrategy #VCInvesting #StartupLife #TechInnovation #FundingRound #CorporateVenture #BusinessLeadership #StartupCulture #ScaleUpNation #EntrepreneurialMindset #InvestmentOpportunity #StartupCommunity #TechSavvy #EmergingTech #BusinessDevelopment #FounderJourney #InvestorNetwork #BusinessMentorship #StartupEcosystem #TechInvestor #ScaleUpStrategy #EntrepreneurialSpirit #InnovationHub #StartupIncubator #VCCommunity #InvestmentPortfolio #StartupAccelerator #DigitalEntrepreneur #VentureFunding #SeedCapital #GrowthMindset #TechEntrepreneur #StartupNation #InnovationStrategy #AngelNetwork #VentureCapitalFirm #Fintech #TechInnovationHub #BusinessNetworking #StartupAdvice #USA #InvestmentCapital #AngelInvestment #StartUpVenture #TechInvestment #BusinessIncubator #InvestorRelations #BusinessInsights EBAN - European Business Angel Network EURADA - European Association of Development Agencies SERN - Startup Europe Regions Network International Consortium of Research Staff Associations (ICoRSA)

How many Fintech companies today are actually fintech? The term is rampantly being used today across companies. While their front end is built to seem like a state-of-the-art technological infrastructure, the actual services involve nothing to do with technology. A closer look at the operational structures of such businesses will reveal that they are just financial companies with a façade of technology. I think since most investors today are chasing “tech,” startups find it easier to secure funding by introducing the tech angle to their pitch. In its true sense, “fintech” should add value beyond traditional financial services that are already in the market. For instance, digital transactions, single QR codes for payments across platforms, and similar services. Similar is the case with agri-tech. Just building a fancy front-end to execute the same traditional functions is not agri-tech. It will be one when the technology adds value beyond what traditional practices are doing. Else, as is the norm in any sector, we are all just manufacturers, distributors, and service providers. I believe that when we say that we bring in the “tech” into any sector, it must mean that we are innovators. Such startups must use technology to bring something new to the table. What are your thoughts on the “x-tech” startups? I look forward to hearing your opinions in the comments. #startups #fintech #business #investments

𝗧𝗵𝗲 𝗳𝗶𝗻𝘁𝗲𝗰𝗵 𝘀𝗲𝗰𝘁𝗼𝗿 𝗶𝘀 𝗴𝗿𝗼𝘄𝗶𝗻𝗴 𝗲𝘅𝗽𝗼𝗻𝗲𝗻𝘁𝗶𝗮𝗹𝗹𝘆! 𝗧𝗵𝗲 𝗴𝗹𝗼𝗯𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝘀 𝗲𝘅𝗽𝗲𝗰𝘁𝗲𝗱 𝘁𝗼 𝗿𝗲𝗮𝗰𝗵 𝗮 𝘄𝗵𝗼𝗽𝗽𝗶𝗻𝗴 $𝟲𝟬𝟴.𝟯𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗯𝘆 𝟮𝟬𝟮𝟵. But here's the sobering truth: 𝟲𝟬% 𝗼𝗳 𝗳𝗶𝗻𝘁𝗲𝗰𝗵 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗳𝗮𝗶𝗹 𝘄𝗶𝘁𝗵𝗶𝗻 𝘁𝗵𝗲𝗶𝗿 𝗳𝗶𝗿𝘀𝘁 𝗳𝗼𝘂𝗿 𝘆𝗲𝗮𝗿𝘀 𝗪𝗵𝗮𝘁 𝘀𝗲𝗽𝗮𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗲 𝘄𝗶𝗻𝗻𝗲𝗿𝘀? Our blog post explains the nitty gritty of successful fintech ventures: 𝗧𝗵𝗲 𝗠𝗶𝗻𝗶𝗺𝘂𝗺 𝗩𝗶𝗮𝗯𝗹𝗲 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 (𝗠𝗩𝗣) 𝗮𝗽𝗽𝗿𝗼𝗮𝗰𝗵. Learn how MVPs help validate your concept, reduce costs, and acquire users faster. Discover common pitfalls to avoid, like security concerns and unclear value propositions. Get inspired by fintech MVP success stories like Chime and Acorns. Explore the growing Asia Pacific fintech market and how to target it. 𝗥𝗲𝗮𝗱𝘆 𝘁𝗼 𝗹𝗮𝘂𝗻𝗰𝗵 𝘆𝗼𝘂𝗿 𝗻𝗲𝘅𝘁 𝗳𝗶𝗻𝘁𝗲𝗰𝗵 𝗽𝗿𝗼𝗱𝘂𝗰𝘁? Discover how Atrina Technologies Pvt Ltd be your trusted Fintech development partner! https://lnkd.in/djTidQpe #fintech #mvp #productdevelopment #Atrina #productmanagement #startup #startupproduct #startupitsolutions

Fintech might not be invincible after all. Last year European fintech had a 66% decline in funding👇 Startup funding for fintech was the lowest it has been since 2017, marking a significant decline in investment activity. The total funding in 2023 was $7.4Bn, down from $23Bn in 2022. 𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐭𝐰𝐨 𝐤𝐞𝐲 𝐫𝐞𝐚𝐬𝐨𝐧𝐬: > Economic uncertainties and rising interest rates have made investors more cautious, reducing the interest for riskier investments in fintech startups. > With many fintech sectors becoming increasingly saturated, investors are more selective, preferring to back established players over new entrants. Despite the crash in funding last year, the Q1 results for 2024 are more promising with a rebound in early-stage investments as a new wave of neobanks emerge. 🌊 We published a detailed breakdown of this trend, major startup news, and 5 of the most promising startup deals in Europe in this weeks edition of our newsletter. Click the link in my bio to check it out 🔗

Launching a fintech startup? Brace yourself for challenges! At Innovatus, we understand these challenges firsthand. Our tech services blend seamlessly with the dynamic industry demands, providing a solid foundation for success. Key highlights: - Technological agility: Innovatus embraces the latest tech trends for swift adaptation. - Regulatory expertise: Navigate complex regulations confidently with our guidance. - Global reach: Expand your reach effortlessly with our financial solutions. Read this article https://lnkd.in/ggr-t_2k for more insights. To know how Innovatus can be your strategic partner, visit our website: https://lnkd.in/gvUMpJhv #Innovatusinsights #Fintech #StartupJourney #Funding

In Fintech, and unlike most other startups, it’s not enough to just build something people want. Most (non-fintech) startups only need to think about market risk and/or technical risk but most fintech startups need to think about “risk risk”. Or, as Matt Brown so eloquently puts it, "Fintechs must master pricing and shaping risk that others can’t or won’t." In his article (link in comments), Matt shares 3 common pitfalls that many Fintechs fall victim to, which you can see illustrated in the image below: 🔫 Gun-shy: You may realise you’re in the risk business, but you don’t take enough risk to complete" 🤷♂️ So what?: You realise you’re in the risk business, and take the bare minimum of risk, but are insufficiently differentiated, so you’re indistinguishable from the broader crowded market. 🤘 YOLO: Whether or not you realise you’re in the risk business, you act as if you’re not. So what does "Price and shape risk that others can’t or won’t” actually mean? 🤔 It's all about having a novel insight into your customer and/or market: "You can serve customers who seem high risk, but only you can determine that they’re actually not. Or you can serve customers that actually are high risk, but that you can manage and reduce that risk better than others can". I highly recommend anybody read Matt's article as it's packed full of great insights 🧠 #Fintech #Risk #Innovation #Startups

The fintech landscape is evolving rapidly, with startups at the forefront of this transformation. As we venture into 2024, these companies are not just changing the game; they're rewriting the rules of finance. Whether you're an investor, entrepreneur, or tech enthusiast, here's a list of fintech startups you need to keep an eye on: - Mercury - Revolutionizing banking for startups with a suite of innovative tools. 🏦💡 (Founders: Immad Akhund, Jason Zhang, Max Tagher) - Spiff - Harnessing machine learning for integrated financial management. 🤖💼 (Founders: Albert Candari, Casey Crouch, Jean-Philippe Maitre, Jeron Paul, Matt Stapleton, Michael Ries, Tanner Lacey, Travis Ashby 🏝️) - Capchase - Providing non-dilutive capital through recurring revenue financing. 💰🔄 (Founders: Ignacio Moreno Pubul, Luis Basagoiti Marqués, Miguel Fernandez Larrea, Przemek Gotfryd) - TrueLayer - Empowering impactful financial app creation. 📱🌐 (Founders: Francesco Simoneschi, Luca Martinetti) - Lili - Tailoring mobile banking solutions for freelancers and business owners. 📊🚀 (Founders: Lilac Bar David, Liran Zelkha) - Thought Machine - Modernizing banking with cloud-based technology. ☁️🏦 (Founder: Paul Taylor) - Daffy - Making charitable giving accessible and easy through donor-advised funds. ❤️🤲 (Founders: Adam Nash, Alejandro Crosa) - Uncapped - Offering revenue-based financing solutions for online businesses. 🌍🔝 (Founders: 👨🏾💻 Asher Ismail, Piotr Pisarz) - Lumanu - Innovating payment solutions for the creator economy. 🎨💳 (Founders: Tony Tran, Paul Johnson) - Zolve - Bridging financial services for non-US citizens. 🌎💵 (Founder: Raghunandan G) - Rally- Democratizing investment in collectibles. 🏈📚 (Founders: Christopher Bruno, Maximilian Niederste-Ostholt, Rob Petrozzo) - CapWay - Financially empowering underserved communities with digital banking. 🏡💡 (Founder: Sheen Allen) These startups are not just innovating; they're paving the way for a more inclusive, efficient, and accessible financial future. 🔗 Check out the rest of the list here: https://lnkd.in/gwZSDXSs #Fintech #Startups #Innovation #Finance #Tech #Entrepreneurship #Investing #FinancialTechnology

VC funding of FinTech startups dropped globally by 49% year over year to US$23 billion in the first half of 2023 according to S&P Global Market Intelligence data. This data also points to a continued drop in the deal count, with FinTech funding rounds in H1 2023 coming in at 1,178, a 64% drop from H1 2022. https://lnkd.in/eUiGWMSv.

Fintech: The Rising Star in Startups In the vast universe of startups, one star shines brighter than the rest: Fintech. It's not just a trend; it's a revolution in the financial world, redefining how we interact with money. Why Fintech? This sector is transforming everything from digital payments to neobanking. It’s making financial services more accessible, efficient, and user-friendly. For startups, this means an opportunity to innovate in a field that affects everyone’s life. The Potential: Despite a global economic slowdown, fintech remains a dominant force. It’s a sector ripe for disruption and innovation, offering endless possibilities for creative solutions. Whether it's improving financial health or revolutionizing how we trade, fintech is the playground for the next big startup success. Your Opportunity: Dive into fintech and be part of the change. It’s not just about creating another app; it’s about shaping the future of finance. Whether you're a founder or an investor, fintech is where groundbreaking ideas come to life. Redefine Finance with Your Startup Idea! P.S. What fintech innovations are you excited about? Share your thoughts and let’s explore the future together. #FintechRevolution #StartupInnovation #DigitalBanking #FinancialTechnology #StartupTrends

Fintech Yatra is back with 6th edition! Get a chance to become a part of one of the largest fintech ecosystems in India by filling up this form - yatra.connexdoor.com *Only open to Fintech Founders, BFSI Institutions, Investors including VC/CVC/FO and Angel Investors (BFSI Professional having 15+ years of experience). We are launching the Fintech Yatra on 18th Feb 24. During the last 5 years, we have covered not just the length & breadth of India but also explored other geographies to understand the fintech landscape. It helped us in appreciating what’s happening in the global and Indian ecosystem. Starting 18th Feb, we will be visiting 12+ Cities, travel more than 10,000 Kms, meet with 400+ fintech founders, and stays on the ground for 60+ days. The idea is to: 1. Connect: with 8-10 fintech startups a day in their cities. 2. Collaborate: Identify opportunities for collaboration between Yatra partners i.e. BFSI institutions and Fintech’s. 3. Catalyse: Connect with 25+ VCs (will be announcing name soon) + YAN Fund (we run) and potential fintech will receive funding commitment from partner VCs including YAN. In this process, we hope to make a larger impact in the life of BFSI institutions, Fintech's, and Investors by providing: 1. Knowledge Capital (with unbiased and blunt feedback): as we had almost 3000+ unique conversations in the previous Yatra’s and built a proprietary knowledge base - we validate ideas and guide founders in the right direction during the conversation. 2. Network Capital (Market connects) : where BFSI and Fintech partners explore Partnership & Alliance opportunities from distribution lense and Ops efficiency to serve their customers better. So if you are a Bank, NBFC, Insurance Company, AMC, or Fintech and wish to work closely (as a seller/buyer of products or you want to be a user of a startup's product) with Fintech startups. Feel free to DM as we are enabling multiple institutions over the last 4 years. 3. Financial Capital (get a chance to pitch to VCs): we have made 20+ investments so far including M2P Fintech, PayGlocal, ShopSe Digital Finance, and very recently in Niro, KiVi and others. This year, we are adding 25+ VCs who will be evaluating fintech's from an investment lens (will put anywhere b/w USD 100K to 10 Mn). So, if you are a VC, Family office, CVC - early stage (upto Pre A) Fintech is in your mandate. Feel free to DM. #fintechyatra24 #fintechyatra  #fintechstartups  #credit4halfbillion