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…
When FinTech CEOs begin experiencing problems in their startups, many believe that the solution is to hire more people. Today, I am going to explain why this strategy often ends up exacerbating the issues rather than solving them. If you’re getting to the point where you feel like you should Read more…
It may seem like a no-brainer to create a new legal entity in a country where you are wanting to set up a business. However, today’s episode is all about why this is definitely not the right way to do things, and where you should be focusing your time and 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…
Today, I wanted to talk more about why FinTech startups and banks keep struggling with manual tasks around compliance. I mean, they have the resources, they hire smart people, they use the best tools… So, what is not working? đź’ Well, the reality is – with most compliance tools, things break Read more…
I just finished reading the new book by Ray Dalio about the cyclical nature of financial and debt systems, and how political events, pandemics, and natural disasters may impact these economic cycles. Ray Dalio is one of the most successful hedge fund managers turned researcher and historian, who made his name by predicting the financial Read more…
There is one never-ending fight in FinTech startups and it’s all about who is more important: developers vs sales vs everyone else? Developers and product teams often think they are the only ones “working” on the product and all the marketing, sales, and PR buzz is just noise. Marketing and Read more…
After years of doing FinTech compliance consulting, I am now in the enviable position of being able to be picky about my clients. I have declined to join projects – and left some of my (former) ones – over a dozen times over the last 24 months. These decisions have very Read more…
What’s on the horizon for FinTech and Crypto in 2022? In today’s episode, I wanted to discuss the trends I see coming in the FinTech space for 2022. Obviously, things may change with this forecast, but this is why we love crypto and FinTech so much. Join me as I Read more…
In the last few posts, I’ve covered why 2 of the most commonly applied compliance strategies – “just-in-case” (preparing everything, losing yourself in piles of documents, and overspending money), and “minimal checklist” (where you end up re-doing everything over and over again, overspending effort) is not used by successful FinTech Read more…