Nordic Fintech Magazine’s Post

Our Revo Capital #BuildingBridges event continued with the "Redefining the Financial Industry: #Fintech" panel hosted by TEB and was moderated by Aman Behzad with panelists Henrik Bläute, Hayri Telekoglu, Yalcin Gungoren, and Ozan Sonmez 🌐 #Revo2024 Key points highlighted were that unlocking fintech's potential requires efforts across various fronts, including capital infusion, regulatory alignment, talent cultivation, and partnerships 🔄 Traditionally, investor support favored startups offering basic services. However, recent trends show a broadening scope, with local startups leading innovation across diverse financial verticals, catering to both B2C and B2B clientele 📱💳 The growth of fintech extends beyond #payments and #lending to areas like #insurtech and #wealthmanagement. Established financial institutions are also embracing #digitaltransformation, launching digital-only offerings 💡 As Revo Capital we are proud to be Türkiye's leading #fintech investor, with 30% of our portfolio comprising fintech startups. In 2022, Revo Capital's fintech portfolio companies, like Param, Kredim, and Midas, captured 55% share of the total $90 million invested in the space 📈

It's great to see that Centiglobe has been featured in the Sifted European Payments Market Map for 2024 as one of the 'Early Stage Startups to Watch in Europe.' Their dedication to developing smart DLT cross-border payment solutions significantly contributes to the evolving financial landscape. This acknowledgment by Sifted, supported by the Financial Times, underscores the essential role emerging fintechs play in shaping our industry’s future. Congratulations to the Centiglobe team on your recognition. Your commitment to enhancing financial flows across borders is noteworthy. Let’s continue to support such groundbreaking work that drives growth and innovation in the European payments sector. Read more here: https://bit.ly/3vRxoSy #Fintech #Innovation #Payments #DLT #FinancialTechnology #EuropeanStartups

Fintech is a dynamic space, but with that dynamism comes the need for laser-sharp measurement. To optimize the product, target the right audience, and achieve sustainable growth, tracking key metrics is crucial. As we work closely with our portfolio founders at Trihill Capital, here is a glimpse of a few metrics we typically track with them, and why: 1️⃣ User Activation 🔴 Metric #1: Conversion Rate (Installed-to-Registered-to-Active) Tracking conversion rates (installed-to-registered-to-active) is crucial for fintech companies, it acts as a diagnostic tool, pinpointing leaks within the acquisition funnel. Providing insights on where potential customers drop off, fixing those issues, and ultimately converting more users into active customers. 🔴 Metric #2: Average Time to First Transaction While conversion rates track the effectiveness of customer acquisition, the average time to the first transaction sheds light on potential friction points within the user journey, particularly during onboarding. By tracking these metrics in tandem, a comprehensive understanding of both acquisition and activation effectiveness is gained. This data-driven approach allows for targeted optimization, enabling founders to build a robust user journey that fosters user engagement, retention, and ultimately, sustainable growth for fintech businesses. 2️⃣ Customer Retention 🔴 Metric: (Well defined) Retention rate While user retention is a widely tracked metric, a precise definition tailored to each business is essential.  The meaning of "active user" can vary significantly across companies and industries.  For instance, "active" might signify simply opening the app for some, while for others it could indicate actively transacting on the platform. This distinction is crucial, and establishing a clear definition fosters clearer communication and data interpretation. A data-centric approach is paramount for fintech startups. By meticulously tracking these core metrics and taking a step back to understand their deeper implications, invaluable insights are generated, enabling informed decision-making, operational optimization, and ultimately, the achievement of sustainable growth. Want to learn more? Join our upcoming conference on the state of fintech on Tuesday, April 2nd, 2024. Network with leading Southeast Asian fintech VCs Trihill Capital and 1982 Ventures RSVP here: https://lnkd.in/gPm5W3Ki

Money20/20 Europe Unveils Six Incredible Fintech Startups And Industry Disruptors Read more: https://lnkd.in/deYwmz5F #FintechStartups #IndustryDisruptors #Money2020EU #fintech #finance #FinancialIT

Did you know? The fintech revolution is real! 7.1% of startups worldwide are diving into the financial technology industry, shaping the future of finance and innovation. Are you keeping an eye on this dynamic sector? #FintechInnovators #StartupTrends #FinanceRevolution #Sowlutions

✨ Last week, our Co-CEO Larry Galan and CFO Karlin VanMoorleghem had the incredible opportunity to attend the 2024 Fintech Meetup in Las Vegas, bringing together the brightest minds in the FinTech sector. Here are some key takeaways: 🤖 AI Cambrian FinTech Explosion: Many new start-ups are now leveraging AI to revolutionize all corners of the FinTech sector from small niche applications to consumer finance, automated reporting, and fraud detection. 📍 Startup Diversity: Start-up geographical diversity is increasing. More and more start-ups are emerging outside regional hubs like San Francisco, Austin, and New York. 💰 Fundraising Shakeup: Private equity funds are increasingly playing a bigger role in start-up funding rounds, and the outlook for differentiated FinTech companies appears favorable. #FintechMeetup #Networking #FutureOfFinance #EnergyInvesting #techtransformation #Energia #EnergyFinance

As part of Hong Kong’s drive in contributing to #sustainability, #GreenFintech is one of the pillars in our overall strategy supported by key HK Inc stakeholders - Financial Services and the Treasury Bureau (FSTB) , Hong Kong Monetary Authority (HKMA) , Securities and Futures Commission (SFC) , Insurance Authority , Cyberport Hong Kong , Invest Hong Kong , and many other key players in our ecosystem. Please join us tonite to learn more about the Green Fintech Showcase. Please see the post below for more details and rsvp info. FintechHK

🚀 Fintech is Redefining Global Finance! With $174 billion in fintech investments by 2025 Time to scale your product is now. Don’t miss your chance to accelerate your fintech startup with Creasoft's top-tier resources and infrastructure. This is where bold ideas become industry leaders. Turn your vision into the next fintech giant! 🔗 Applications are Open to Join Creasoft Capital Fintech Accelerator Program Apply at: https://lnkd.in/dvcBQBaf #FintechRevolution #ScaleWithCreasoft #LeadTheFuture #FintechAcceleratorProgram #AcceleratorProgram #AccelerateSuccess #CreasoftCapital #FintechDisruption

Discover the thriving fintech landscape in Sweden! This post explores the venture-building scene for fintechs, highlighting key players, success stories, and challenges. Learn how Sweden is solidifying its position as a European fintech hub, from regulatory sandboxes to talent acquisition strategies. With insights on funding, market expansion, and future trends, this is a must-read for anyone interested in the Nordic fintech ecosystem. Visit: https://lnkd.in/dXR59RT8 #SwedishFintech #VentureBuilding #StartupInnovation

🚀 Big News in European Fintech! 🇪🇺 The European Investment Bank is stepping up its game with a new plan to boost funding for fintech startups across Europe. 💰 Discover what this could mean for the future of innovation and financial tech in the EU! Are we about to see a major shift in the fintech landscape? 🔄 🌍 Stay tuned to find out how this new funding strategy could impact startups and entrepreneurs looking to reshape financial services. 💬 What do you think? Will this help Europe become a global fintech leader? Comment your thoughts below! #EIB #Fintech #EUStartup #Innovation #cavefishai #aiforbusiness #chatgpttips #businessleaders