Building a fintech isn't a task for the faint of heart, especially given the current climate. But case studies like Suneera Madhani show that it not only gets easier every time you set out to build a fintech from the ground up, it also allows you to work on the ecosystem rather than just a narrow problem set.
Madhani's story is an instructive example of how aspiring entrepreneurs can find the right muse, how they should build their networks and what levers they should pull to build successful business models.
America's aging population provides a challenge and an opportunity for financial services providers to service customers and protect them from bad actors.
From AI-driven fraud protection to innovative wealth decumulation strategies, Charlie's CEO Kevin Nazemi offers insights into the future of personalized banking for seniors and the broader implications for the financial services industry.
Fintechs perform best when they can move fast and focus on growth, but when partnering up with big banks, some fintechs can experience the "hug of death".
This hug keeps the fintech from focusing on its own priorities and instead diverts its attentions to what the banks needs and locks it in a cycle of meetings and bureaucracy. Fintechs that want to avoid getting over indexed need to focus on establishing clear boundaries from the start and keeping the scope of the partnership in check.
Growing neobanks and fintechs that focus on niche consumer segments is difficult because t's become easier for big banks to branch out and start to cater to niche consumer segments.
One immigrant focused fintech, Majority, has emerged stronger. Dive into how the firm has used a 'diaspora by diaspora' strategy and community engagement to double its user growth.