Why FinTech License Applications May Get Rejected

Published by Yana on

I have been part of dozens of FinTech projects over the last three years and they were all successful, which is why I felt that for today’s episode it would be helpful to share with you where and why FinTech start-up founders can be unsuccessful with their license applications. From positioning, to mindset, to switching gears, this information helps you get your business successfully licensed!

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Today’s episode:  

  • [00:48] Why I felt hesitant talking about FinTech licensing failures and potentially critizising the work of others.   
  • [02:24] One of the biggest mistakes that FinTech start-up founders make is the way they position their business. 
  • [04:26] The importance of doing things in the correct sequence when you are setting up your FinTech business.
  • [05:31] A dangerous mindset that many FinTech founders adopt when they begin to experience a level of success.
  • [06:53] Why companies may decide not to pursue their license applications.   
  • [08:01] Switching gears; what this means and how it can result in an unsuccessful license application.  
  • [09:20] Reasons that moving countries usually doesn’t work out well.

Show links:

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