HOW TO SETUP A FINTECH STARTUP IN 2023

Starting a fintech startup can be a challenging but rewarding experience. The world is digitizing and changing rapidly and fintech startups are at the forefront of this change. As more and more people turn to digital platforms for their financial needs, fintech startups are well-positioned to meet this demand. By identifying a problem, conducting market research, developing a business plan, building a team and launching and iterating, you can create a fintech startup with the potential to change the world of finance. In this video, I explain why creating a fintech startup is still worthwhile in 2023. I highlight the various steps to take and as well as the common reasons why bank-led fintech subsidiaries tend to fail.
#Fintech #Digitaltransformatino #fintechstartups

Virtual Speech : https://virtualspeech.com/?fpr=jeremy92

Time Codes

0:00 Intro
2:05 Is It Still Worthwhile?
3:34 Define Idea & Business Model
4:25 Conduct Market Research
5:07 Know Your Regulations
6:32 Develop Minimum Viable Product (MVP)
7:02 Build Your Team
7:46 Develop Marketing Strategy
8:01 Secure Funding
8:30 Launch & Iterate
9:43 Why Bank-Led Fintech Subsidiaries Fail
9:57 Failure To Create A Separate Culture
10:51 Not Offering Enough Autonomy
11:11 Not Attracting The Right Talent
11:38 Lack Of Flexibility
12:02 Misalignment Of Goals
12:30 Outro