/start ups

News and resources on fintech start-ups, scale-ups, hubs, accelerators, VCs and funding worldwide.

Vladimir Krasik

How can fintechs use high interest rates to navigate capital markets?

Vladimir Krasik - Global Head of Internal Treasury, Revolut
Discussion
'Neobank in a box' startup Fintech Farm raises $32 million
Bill Trueman

Bill Trueman

  Most startup banks and payments institutions 'live or die' around and from the regulatory position, compliance and governance. The burdens are there (rightly) to protect the customer (you and me) by making sure that people stting up a FS business do so responsibly, ethically and properly and always within the law.  The regulation, governance and compliance / AML, risk management, capitalisation / liquidity, consumer duty requirements are just the starting-point; and getting regulatory approval always takes more than 12 months......  Let's see what happens and how these hurdles are addressed!
Sweden's Scayl raises €100m to address fintech lending gap
Medjit Yalmaz

Medjit Yalmaz

  Thank you for your comment and interesting opinions. I'm the CEO and co-founder of Scayl, let me explain: 1. We work more or less exclusively with fintech lenders who have built either automatic/real-time decision making and loan disbursement technology themselves or utilise some of the excellent SaaS solutions in the market. More or less every fintech have such technology today. 2. We work exclusively with banks, i.e. more or less the cheapest source of funding you can find as a lender (excluding public securitisation). Most fintech lenders (sub €100m loan book) don't have access to that cost of capital because they're simply too small for the banks to deal with, but they can through us. Finextra's article is a very short summary of our press release, I suggest either checking our website or the other publications which contain additional information.
Sweden's Scayl raises €100m to address fintech lending gap
A Finextra Member

A Finextra member

  In principle - yes, it's a large and known gap. Others aim to fill it, too - but to capture any slice of that 400bn two conditions need to be met: - Rapid decision-making (ideally instant. real-time) with minimum beuraucracy, and - Competitive rates. Obvious and boring, I know - but so often a stumbling block. How good is Scayl in these 2 dimensions?
Sweden's Scayl raises €100m to address fintech lending gap
Medjit Yalmaz

Medjit Yalmaz

  Thank you for sharing our announcement. Read more about us at https://www.scayl.finance/
Madhvi Mavadiya

What will UK fintech look like in 2035?

Madhvi Mavadiya - Finextra Research
Maximilian Schausberger

What is the current landscape for VC investments in fintech?

Maximilian Schausberger - Managing Director, Elevator Ventures