What Do We Need To Learn From Fintech Startup IPOs
India, Sept. 14 -- Any business is built around trust, but for financial services and fintech startups, it is the most important aspect. A decade ago, when "Fintech" was emerging as a category there were a lot of questions and dismissals from naysayers, in fact, many skeptics voice the same concerns today:
Only a small portion of India is bankable, what niche will you go after?
Why will customers trust you?
Online transaction adoption will be low for these segments.
Loss-making companies won't survive, how will you monetise?
Building a brand is very difficult!
Will multiple start-ups survive?
Regulators will favour large incumbents.
For an early-stage fintech like mine, it is heartening to see that the naysayers have been proven w...
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