Mary Poliakova’s Post

Why should fintech startups care about financial inclusion? At FinTech Connect 2023, we speak to Susanne Chishti, CEO and Founder of FINTECH Circle, a group of angel investors, who also focus on education and publishing and premiered their fourth fintech film at the conference. The film, which is produced in partnership with ITN, focuses on equity and inclusion and backing fintech that can have a meaningful impact on people’s lives. We hear all about that, as well as Chishti’s perspective on the current funding landscape, industry trends such as green fintech and financial inclusion and how startups in this area can produce a profitable business that also maintains it’s positive impact. https://lnkd.in/ekAB2Tff #FFNews #Fintech #Finance #Banking #Paytech #Payments #Insurtech #Insurance #ftc23 #fintechconnect

In a recent Forbes article, Ibrahim Jackson argues that financial institutions need to adopt a platform business model in order to compete in the era of disruption by fintechs and startups. This requires a shift in thinking from product-pushing to facilitating an ecosystem where value flows between multiple players. #digitalprofessional #fintech #innovation #financialinstitutions #platforms #training #peopledevelopment #Forbes #teamwork

Shying away from provocative topics isn't a strength of mine. 🤷🏾♂️ If you'd like a short read on Platform Business and Operating Models geared towards Financial Services, check out my article on Forbes Business Council. The link to the full Forbes article is here: https://lnkd.in/etap-H43 #audioimage #digitalprofessional #platforms #inclusivetech #Belonging #Forbes #HumanWritten #cobot

Exploring the robust $4.6B VC infusion in enterprise fintech: Q2 2024 trends reveal steady investments and growth in capital markets and financial infrastructures. #fintech @Crowdfundinside

"Startups should focus on the long run, so they should focus more on their strategy in order to start growing." Stark Bank founder and CEO Rafael Stark joined us at #WebSummitRio this year to discuss how fintech is driving financial inclusion in Latin America

Important tips and steps that are shared to help forge mutually beneficial partnerships between FIs and fintechs. Mass Fintech Hub always delivers content that helps to educate, collaborate, and inspire from the enterprise level to smaller community banks. Bravo! BankProv M&T Bank Citizens Nicholas Sweeney Claire Verville Nikolas Casagrande #fintechbetter #banking #communitybanking

Q&A with Pioneers of Digital Finance '24 jury Efe BULDUK ❓What is the most critical factor for the success of fintech startups, and what do you focus on when determining a successful fintech project? 💬Like in other industries, financial products and services evolve and change over time according to constantly shifting societal needs. To succeed, a fintech project requires a creative and implementable idea that responds to these ever-changing needs. However, we should always remember that ideas alone cannot evolve into successful business models. To make that happen, a team and a leader with the necessary qualifications are essential to bring the business idea to life. I can comfortably say that I consider these two crucial factors when evaluating a fintech project's success. #FinTech #Awards #PioneersOfDigitalFinance #Finance

Fintech has hit a bottom after plunge in valuations and squeeze on funding, execs and VCs say. In 2021, global fintech funding reached an all-time peak of $238.9 billion, according to KPMG. Companies such as Block, Affirm, Klarna, and Revolut had hit seismically high multibillion-dollar valuations. But by 2022, investment levels sank sharply and fintechs globally raised just $164.1 billion. In 2023, funding sank even further to $113.7 billion, a five-year low. https://lnkd.in/eXe43Jqd

Funding is the lifeblood of any fintech startup, but securing it is rarely without navigating a maze of challenges. 🤯 An average of 90% of startups fails, with the lack of cash flow being one of the primary challenges for that. In financial services, this is especially challenging as competition is fierce, and the traditional fintech onboarding process is 9 or more months long. Fintechs may need VC support to get going. 𝐇𝐞𝐫𝐞'𝐬 𝐡𝐨𝐰 𝐭𝐨 𝐧𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐭𝐡𝐢𝐬 𝐜𝐫𝐮𝐜𝐢𝐚𝐥 𝐚𝐬𝐩𝐞𝐜𝐭: 🎯 𝐓𝐚𝐫𝐠𝐞𝐭 𝐘𝐨𝐮𝐫 𝐍𝐢𝐜𝐡𝐞: Engage with venture capitalists, but focus on quality over quantity. Look for investors whose portfolio aligns with your fintech niche and values. 💰 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐞 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 Prioritise revenue generation early on. Not only does it validate your business model, but it also enhances your attractiveness to potential investors. 🧩 𝐓𝐡𝐢𝐧𝐤 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜𝐚𝐥𝐥𝐲: Clearly outline how you intend to deploy the injected capital for business growth and make sure the timing of raising capital matches the market. 🎥 Watch NayaOne's Founder and CEO, Karan Jain, and other fintech founders share their thoughts on how to secure funding: Which of the tips did you find the most useful? #VentureCapital #Funding #Fintech #NayaOne, Kathleen Craig - Plinqit, Chase Neinken - Chimney, Michael Duncan - Bankjoy, Ned Palmer, MD MPH - Panacea Financial

Exciting insights from Crowdfund Insider via Omar Faridi on the latest PitchBook report detailing the enterprise fintech landscape in Q2 2024. A whopping $4.6 billion in VC funding across 315 deals showcases robust growth! Key deals involve industry leaders like Clear Street and AlphaSense. Delve into this deep dive on fintech investments and trends. https://lnkd.in/eJYBRX8P #Fintech #FintechNews