Hi, we are about to start a fintech startup. We are now reading about the challenges of launching startups in the financial sector. But there is very little information, especially in the realities of 2022.
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Hi, we are about to start a fintech startup. We are now reading about the challenges of launching startups in the financial sector. But there is very little information, especially in the realities of 2022.
This year it is really hard to launch fintech startups. Since the requirements to applications are growing every day, the competitors do not sleep. That is why you need to stand out from your competitors.
We have conducted research on how our application will differ from the competition. In this respect, we are ahead of them. But that's not the only thing we need to consider. There are still a huge number of issues that need to be addressed.
It's good that you decided on a niche. After that you need to recruit a team, decide on the jurisdiction. Find investors or ways to invest in your startup. If I remember correctly, there are about 6 financing options, the main thing is that the project should be really worthwhile and should interest investors. Here is a detailed guide on how Launching a Fintech Startup in 2022 https://owlab.group/our-blog/post/la...-by-step-guide A lot of useful information, especially for those who haven't launched a financial startup before.