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

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

[neroaugustine]

You have been so helpful with your videos, I and my team have made your videos a most in our startup. We successful build our platform and will be launching within the next 2 weeks, a big thank you from Team Ryan

[MMPbyK]

I'm a phd researcher in fintech area, i really like your videos. Keep it up!

[NewCrewMember]

Hey Jeremy, as always. Love from Uganda. Thanks for this update. It was very much needed.

[sirwilliams]

This is a great resource. Very detailed too.
Awesome delivery. It's a good kit to get on my fintech journey.
Thanks
Subscribed

[bye]

What are the requirements and licenses that would be needed for a fintech startup building a payment processing platform?

[bronjay]

Very educative big bro. It's your junior bro prince Quainoo.

[endlexvictorokechukwu]

Mr Jereemy i really appreciate your detailed explanation on fintech start up. Also i would like to enroll in fintech training classes if there is any.
Thank you

[ErnestKarikpo]

very insightful video especially for we starters in the space.please what exactly do u think is the role of a Business Development manager in a new fintech company and what are the areas need to build and develop to be successful as a BDM

[ifeanyiShocker]

Thanks a lot Mr Jeremy,
I want to start a fintech, but I am scared or feel I don't have the money for the requirements by the CBN,
Is it possible to build an MVP with out registering and doing so when the funds are available...

[vivianezioba]

Your videos has been quite insightful, please can you also talk about the issues with the Fintech world now. There has been many loss of assets to the Fintech world now, Any take on that??

[sampahemmanuel]

Hi Jeremy, thanks for the insight. Do you by any means know anyone who provides services in business proposal for Fintech?

[Factful_Inspiration]

I have few issues,
Like as a startup what license or registration do I need at first

[AK_BB]

Hi Jeremy,

Do you think FinTech startups can benefit from outbound prospecting?

[VitalityVibes]

Nna, how do I secure a domain name for my Fintech business

[sammylu]

Does JUMO offer loans to startups? Asking from South Africa

[coinasis]

Am lost in thoughts on how payment processing is done across different currencies.

Like, In say, a mobile wallet, how do I incorporate conversion across currencies?
Say I deposited GHS and want to convert/exchange it for KSH or USD.
Do I need to partner with banks or develop software that takes care of fx conversion?

[tgodgold]

How much do I need to start up a successful Fintech company (like opay, Kuda PalmPay) in Nigeria 🇳🇬 I will really appreciate if you can give me the total cost and break of it

Thank you

[skeeterstudies]

How to start my own payment gateway like paystack or my own momo like gmoney please help

[TheMoneyPathways]

Does a founder of a fintech startup required to acquire any degree?

[sakshikelshikar]

My daughter has done Master in Fintech from Dublin business school, brother plz help my daughter getting job in Fintech
Plz help
God bless both of you