There are major differences between working in a large institution and working in a startup environment. Nothing against PayPal, but this episode is all about the mindset shift that I had to make when I left the company and joined the FinTech startup world! If you found value in this Read more…
From time to time startup founders, regulatory consultants, and corporate business developers spend their time exploring new opportunities and building customer relationships. I have learned that it’s important to say “no” to a project or an opportunity very early on, even if it’s commercially interesting or has great potential – Read more…
Well, the most common issues with Sanctions and PEP scanning are: costs and the volume of false positives. What can you do about it? First, let’s talk about the cost. 💸 There are two general ways of paying for access to sanctions scanning and usually the choice depends on the number Read more…
Today, I wanted to talk with you about how much time I feel you need or don’t need to spend studying your competitors. It’s just so happened that in the last few days, quite a few FinTech founders asked me questions such as “how is it possible that our competitor Read more…
This question comes up again and again. Somehow, people feel that there must be this promised golden-plated land where regulators are amicable, services are affordable, everyone speaks and works in English, there is no bureaucracy, and licenses are granted next week with no questions asked. Yes, each country has its Read more…
I’d like to compare the pros and cons of buying a regulated entity versus applying for your own license. The main advantage of buying a licensed company versus creating one and applying for the license is that you can continue to operate an existing business. With the new entity, you Read more…
With the war that is currently going on in Ukraine, I wanted to talk about the very relevant topic of sanctions. Join me today to hear about the different types of sanctions that exist, how they work, and my thoughts on financial/infrastructure services getting involved in political issues. If you Read more…
I’d like to share with you my experience of enlisting, educating, and managing a number of tech-focused startups who attempted to venture into the space of distributing or selling financial products… and failed miserably in most cases. The main reason why they try to do it is that they have Read more…
Buy-now-pay-later (BNPL) services are a growing trend, with year-on-year growth in the sector over the next few years expected to be 15-20%! Despite the value that it provides to many retailers and their customers, the BNPL model also has a number of problems. In today’s episode, I’m going to explain Read more…
As a FinTech startup founder, it is almost guaranteed that you will experience some form of crisis at some point in your journey in the industry. And more likely than not, you will experience more than one! In today’s episode, I discuss some of the more common crisis situations, from Read more…