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Das added, “The emergence of FinTech players and the growing popularity of their innovative products have challenged the existing players in financial services in maintaining their market share, margins and customer base. The incumbent firms are responding to these challenges by adopting various strategies, which include making investments in FinTech companies and partnering with them. They are also enhancing their in-house capabilities to adapt to the new realities.”
It is important to note that Fintech cannot exist without the banks. Not today and not for
another decade at least. Customers still trust their banks to manage their financial value more than any other entity.
Volopay, a Y combinator backed corporate cards and payable management company has partnered with Visa’s Fintech Fast Track Program. The…
Backed by Y Combinator, Ramp and Olive Tree Capita, Karbon Card aims to modernise corporate banking products which still carry a legacy feel.
Focus on your goals and seek out people, men or women, who share your values. Remember that as an entrepreneur, you have power over your choices and an immense opportunity to lead by example, said Hardika Shah.
My biggest motivation comes from the customers I serve and the impact that we can see. Majority of our customers are entrepreneurs in their own way like me and hence I can empathise with them a lot more, said Shweta.
I quit a very lucrative job in venture capital at 29 with no plan or idea about what I was going to do – I only knew I wanted to start my own business, Kanika Agarrwal said.
If you need to win, you should know the rules of the game. You can’t stay on the periphery and win, says Rama Tadepalli.
Fintech Open will bring together regulators, fintech professionals and enthusiasts, industry leaders, the start-up community, and developers to collaborate, exchange ideas and innovate.
Embedded finance startup Falcon has appointed former banker Chinmaya Desai as Chief Business Officer ahead of its next growth phase, Chinmaya will be responsible for company’s overall business growth besides driving partnerships across domestic and international markets.