FinbotsAI’s Post

An honor to have convened a Payments Boardroom on Investing in Fintech, with 12 of the region’s leading VCs, CVCs, family offices, and angel investors. This is part of the MENA FINTECH ASSOCIATION’s Payments working group, which I co-chair. Organizations represented included Arbor Ventures Seed Group Peak XV Partners VentureSouq Speedinvest Emirates NBD Mashreq e& COTU Ventures The Private Office of Sheikh Saeed bin Ahmed Al Maktoum 237 Ventures Marshal Fintech Partners Summarizing some learnings below! *Key Advice for founders* 1️⃣ Find your niche and excel in it. Avoid overusing buzzwords like AI unless they truly add value. 2️⃣ Establish solid governance early to prevent misalignment between boards, investors, and founders. 3️⃣ Build robust operations from day one. 4️⃣ Leverage the ecosystem, form strong partnerships, and maintain integrity. *Trends* ♦️ The fintech narrative is maturing: success comes from collaboration with financial institutions, not disruption. ♦️ Cross-border scaling remains a challenge, but fintechs bridging markets, such as money transfer services, are gaining traction. ♦️ Open Banking is a promising investment with high potential for value creation. Stay tuned for the article with filled with detailed analysis, for more information shoot us an email at marketing@mena-fintech.org

Just one day to go until Singapore FinTech Festival 2024 kicks off! Join DBS at Hall 2, Booth 2B23 and our incredible lineup of speakers covering a wide range of topics from next-gen solutions to digital money blueprint to AI to banking a transitioning Asia and more. 🚀 Sneak Peak of what's happening at our booth: We'll be showcasing how we help startups and SMEs thrive with programs like the DBS Startup Movement, Bridging Business Horizons, and the ESG Ready Programme. Whether you're looking for resources, mentorship, or tools for regional growth and sustainable practices, we're here to support you every step of the way. For corporates, fintechs and fellow finance community members, as the World's Best Corporate Digital Bank, check out how DBS is leading the way in evolving the digital financial landscape with our suite of innovative solutions for payments, collections, and more, including the launch of a future-ready solution tomorrow - watch this space 😍 Come see us at our booth and let's talk about how we can add our strength to yours over the next 3 days! #SFF2024 #DBSBank #SME #Innovation #Sustainability #BusinessGrowth #Fintech #Startup

The Fintech Innovation Lab, an initiative from Fintech Solutions, has been recognized with the 𝐸𝑥𝑐𝑒𝑙𝑙𝑒𝑛𝑐𝑒 𝑖𝑛 𝐹𝑖𝑛𝑡𝑒𝑐ℎ 𝑎𝑛𝑑 𝑆𝑡𝑎𝑟𝑡𝑢𝑝 𝑆𝑢𝑝𝑝𝑜𝑟𝑡 - 𝑂𝑢𝑡𝑠𝑡𝑎𝑛𝑑𝑖𝑛𝑔 𝐶𝑜𝑛𝑡𝑟𝑖𝑏𝑢𝑡𝑖𝑜𝑛𝑠 𝑏𝑦 𝑎 𝐷𝐹𝐴 𝑡𝑜 𝑡ℎ𝑒 𝐺𝑟𝑜𝑤𝑡ℎ 𝑜𝑓 𝑆𝑡𝑎𝑟𝑡𝑢𝑝𝑠 award at the 𝟐𝟎𝟐𝟒 𝐃𝐅𝐀 𝐀𝐰𝐚𝐫𝐝𝐬 - Alliance of Digital Finance and Fintech Associations According to the Portugal Fintech Report, 𝟔𝟕% 𝐨𝐟 𝐟𝐢𝐧𝐭𝐞𝐜𝐡𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐭𝐡𝐚𝐭 𝐜𝐥𝐨𝐬𝐢𝐧𝐠 𝐚 𝐩𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩 𝐭𝐚𝐤𝐞𝐬 𝐦𝐨𝐫𝐞 𝐭𝐡𝐚𝐧 𝐚 𝐲𝐞𝐚𝐫, underscoring the importance of ongoing efforts to bridge the gap between fintechs and established players. With over 50 alumni startups and 14 alumni corporates, the Fintech Innovation Lab has become the main platform for experimenting with new products and services in the Portuguese financial sector.   Here’s to shaping the future of fintech innovation and empowering transformative solutions.   #Fintech #Innovation #Collaboration #FintechInnovationLab

Our CEO, Tamara Kostova, was featured in FinTech Global's recent article highlighting the most promising regions for WealthTech growth in 2024. Velexa believes Brazil, Southeast Asia, and the MENA region are poised for significant transformation. These markets offer unique opportunities due to factors like rapid digitalisation, growing middle classes, and regulatory evolution. Read the full article to learn more about the specific drivers and challenges shaping these regions. 👇   https://lnkd.in/g_yDsHT5 #WealthTech #Fintech #EmbeddedInvesting #EmergingMarkets #Brazil #SoutheastAsia #MENA

Varun Mittal 海王-米塔尔 - Fintech Nation, Chief Innovation Officer at Singlife and Founder of Fintech Nation, for insights into Singapore's thriving fintech landscape with Syed Musheer Ahmed. From digital adoption to stablecoins and the future of innovation, we explore what makes Singapore a fintech leader. Key Highlights: 🇸🇬🔒 Singapore’s Unique Regulatory Landscape Singapore stands out with a single financial regulator, fostering a streamlined, growth-focused environment. 📈📲 Digital Adoption in Singapore Government initiatives have driven rapid adoption of digital finance in Singapore, paving the way for future growth. 🔮⚙️Fintech’s Future Challenges Varun highlights a "trinity challenge" for the next generation: longevity, inflation, and rising healthcare costs. 📖🙏Gratitude in Business Varun’s upcoming book with Tawishi Singh, Superhuman Supreme, shares real stories of gratitude from 20 founders to inspire a culture of giving back. 💸🌱Angel Investing Insights Varun discusses his journey as an angel investor in Indian startups and tips for those interested in entering the space. 👉 Don’t forget to hit subscribe for the latest on virtual assets, regulations, and industry insights! Youtube link - https://lnkd.in/gkPvN_H7 #fintech #startup #entrepreneurship #innovation

Forget Disruption, Collaboration is King Fintech is all about innovation, but forget going at it alone. Collaboration is the new secret weapon. Here's why: Launchpad for Startups: Regulatory bodies like Singapore's MAS are teaming up with startups through initiatives like Fintech Innovation Labs. This provides startups with guidance, funding, and access to established players. Win-win! Global Growth through Partnerships: Take Wise They partnered with major banks to expand their reach for money transfers. Collaboration = wider customer base and instant credibility⏱️ Shared Resources for Efficiency: Open banking platforms, built through collaboration, eliminate the need for startups to build everything from scratch. Think of faster innovation and lower costs. Building Local Trust Together: Rabobank (an established bank) partnered with Signicat (fintech) to create a seamless onboarding experience. Collaboration builds trust by leveraging local expertise. ✅ Regulators as Partners: The US CFPB's initiatives foster collaboration between startups and regulators. This smooths navigating complex regulations and ensures everyone plays by the rules. Collaboration is the future of fintech. It's not just about startups and banks; it's a team effort between all players. Ready to join the movement? Share your thoughts below! #FintechCollaboration #TheFutureIsHere

Singapore-Based Global FinTech Institute has Partnered with ICP Hub Singapore The Global FinTech Institute (GFI) and ICP Hub Singapore have partnered to advance #FinTech and Web3 sectors. The two organisations stated in a statement,that they have signed a Memorandum of Understanding (MOU) outlining their commitment to fostering innovation, talent development, and community engagement within the industry. The announcement states that GFI and ICP Hub Singapore will work together on a number of projects meant to promote connection and sustainable growth in the FinTech and Web3 #ecosystems. Among these projects is a joint effort on the soon-to-be digital platform FLEX, an open investment marketplace intended to link international FinTech entrepreneurs with investors across the globe. #Singapore #Global FinTech Institute #ICPHubSingapore #Partnership ##Fintech #Ecosystems Read more - https://lnkd.in/dgQFJZY7 To share your startup story write us on - contact@startuprise.org

BNPRS at Global Fintech Fest 2024: Shaping the Future of Fintech We were honored to participate in the Global Fintech Fest 2024 from August 28th to 30th. This event offered invaluable insights and opportunities, particularly for startups, as it provided guidance, resources, and networking that will drive Fintech innovation in the coming years. Key discussions centered around Fintech’s role in enhancing economic growth, making financial services more accessible, and fostering financial inclusion. The roadmap presented is set to streamline payments and support India's economy. Through engaging panels and meaningful networking, we deepened our understanding of how to integrate technology with financial services, ensuring we continue to deliver innovative solutions for our clients. A huge thank you to the organizers for sharing valuable insights and empowering the Fintech community. BNPRS is excited to leverage these learnings to build solutions that drive a stronger, more inclusive financial system in India. #GFF2024 #GlobalFintechFest #FintechRevolution #FutureOfFinance #DigitalPayments #NPCI #DigitalIndia #UPI #RuPay #BharatBillPay #AadhaarEnabledPayment #FintechIndia #NPCIPayments #InnovationInPayments #CashlessIndia

🌟 24 Fintech 2024: Driving Saudi Arabia’s Vision 2030 Forward 🌟 The 24 Fintech 2024 event in Riyadh has underscored Saudi Arabia’s Vision 2030 as a key force behind the country’s rapid technological and economic transformation. Aligned with this vision, the event offered a platform to showcase the kingdom’s vibrant fintech ecosystem. As Annabelle Mander, Senior Vice President at Tahaluf, noted, “Saudi Arabia’s commitment to creating a supportive environment for FinTech growth is truly commendable. 24 Fintech 2024 is a testament to the kingdom’s vision and its dedication to driving forward FinTech.” Attendees experienced four dynamic stages: Executive Summit: Featuring discussions on fintech trends, strategies, and innovations, this stage has been a hub for learning and networking. 24° Trends Stage: Delving into the latest trends and technologies reshaping finance, this stage has offered insights into the evolving market. 24° Futures Forum: Focused on blue-sky thinking, this stage has inspired future fintech leaders with groundbreaking ideas and innovative solutions. Fintech Fusion: Bringing investors and startups together, this stage has provided valuable networking opportunities and insights from industry pioneers. The event highlights Saudi Arabia’s dedication to fintech growth and innovation. 🚀 #24Fintech2024 #Vision2030 #FintechInnovation

✨𝐈𝐓𝐀𝐋𝐈𝐀𝐍 𝐅𝐈𝐍𝐓𝐄𝐂𝐇 𝐌𝐀𝐏 𝟐𝟎𝟐𝟒✨ The final version of 2024 Italian Fintech Map is here, spotlighting the most promising Fintech and Techfin companies operating in Italy. What is the state of the art of the fintech sector? What is the outlook for 2025? Realized in collaboration with Fintech & Insurtech Observatory of the School of Management of Politecnico di Milano, the Italian Fintech Map presents an overview of fintech and techfin companies active in Italy and European companies based in Italy, including more than 400 companies overall. Here are some of the highlights: ✅ 44% of these companies expect to break-even by the end of 2024, with revenues up 29% on average from last year ✅ +44% (€250 vs. €173 million) in funding raised compared to 2023 ✅ Generative #AI, sustainable finance and #Embeddedfinance are the most anticipated players in 2025 🔗 Download the report for free to read more: https://lnkd.in/dJ-6JtsJ Read all the details in the article by Arena Digitale 👉 https://lnkd.in/dNxBnYJQ #Matchmaking #OpenInnovation #FD #community #FintechDistrict