Findr’s Post

A satisfied customer is the best business strategy of all.! #moneytransfer #moneytransferapp #startuplife #fintechnews #fintechstartup #businesstips #fintechinnovation #berlinstartup #financialfreedom #financialeducation #berlinstartups #startupberlin #ozank

Happy #SmallBusinessSaturday!  🥳🛍️ We’re celebrating the incredible impact of fintech in helping small businesses grow and thrive. From funding bold ideas to streamlining operations like payroll and inventory management, fintech empowers millions to succeed. 🌟 Don’t miss our spotlight on the #smallbusinesses and #entrepreneurs that are #PoweredByFintech ➡️ https://lnkd.in/eYvNmeWt #PoweredByFintech #SmallBusiness #Entrepreneurship Afterpay, Betterment, Bluevine, Forward Financing, Intuit, PayPal, Pipe, Square, Stripe

𝐒𝐜𝐚𝐥𝐢𝐧𝐠 𝐚 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 🚀 For 𝐁𝐨𝐤𝐬 𝐭𝐨 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬, I had a great conversation with Rahul Jain, co-founder of Peach Payments, about how scaling a fintech startup requires both innovation and a deep understanding of the market. Rahul emphasized the importance of product-market fit and ensuring that your offering evolves with your customers’ needs as you grow. 💼 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐏𝐫𝐢𝐧𝐜𝐢𝐩𝐥𝐞: Scaling a fintech startup requires aligning innovation with market demand. 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬: ➡️ 𝑭𝒊𝒏𝒅 𝑷𝒓𝒐𝒅𝒖𝒄𝒕-𝑴𝒂𝒓𝒌𝒆𝒕 𝑭𝒊𝒕: Ensure your offering meets the needs of your target market. ➡️ 𝑨𝒅𝒂𝒑𝒕 𝒂𝒏𝒅 𝑺𝒄𝒂𝒍𝒆: Evolve your product as your business grows and market conditions change. ➡️ 𝑭𝒐𝒄𝒖𝒔 𝒐𝒏 𝒕𝒉𝒆 𝑪𝒖𝒔𝒕𝒐𝒎𝒆𝒓: Always consider how your product can continue to serve your customers as you scale. Pre-order Boks to Business: https://lnkd.in/ddysPRYg Want to implement the Bomb Squad action plan in your business? Click here: https://lnkd.in/d2pZ-4T7 #Scaling #Fintech #Innovation #BusinessGrowth

B2B fintech company BillDesk seems to have lost its momentum in the past couple of years as it fell short of securing a double-digit growth in FY23. Moreover, profits also reduced 5.1% in the fiscal year ending March 2023. BillDesk’s revenue from operations grew 9.6% to Rs 2,678 crore during FY23, as per the company’s consolidated financial statements with the Registrar of Companies. BillDesk charges fees for the processing and settlement services of electronic transactions — and collections from these services accounted for more than 70% of the total operating revenue in FY23. 🚀 Join the startup revolution! Follow StartupTrak for the latest and hottest startup news, inspiring stories, and game-changing innovations! 💯❤️🔥 . . #BillDesk #Fintech #B2B #FinancialServices #Revenue #Profit #FY23 #BusinessGrowth #ElectronicTransactions #RegistrarOfCompanies #FinancialStatements #BusinessNews #StartupNews #StartupTrak

𝐒𝐜𝐚𝐥𝐢𝐧𝐠 𝐚 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 🚀 For 𝐁𝐨𝐤𝐬 𝐭𝐨 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬, I had a great conversation with Rahul Jain, co-founder of Peach Payments, about how scaling a fintech startup requires both innovation and a deep understanding of the market. Rahul emphasized the importance of product-market fit and ensuring that your offering evolves with your customers’ needs as you grow. 💼 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐏𝐫𝐢𝐧𝐜𝐢𝐩𝐥𝐞: Scaling a fintech startup requires aligning innovation with market demand. 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬: ➡️ 𝑭𝒊𝒏𝒅 𝑷𝒓𝒐𝒅𝒖𝒄𝒕-𝑴𝒂𝒓𝒌𝒆𝒕 𝑭𝒊𝒕: Ensure your offering meets the needs of your target market. ➡️ 𝑨𝒅𝒂𝒑𝒕 𝒂𝒏𝒅 𝑺𝒄𝒂𝒍𝒆: Evolve your product as your business grows and market conditions change. ➡️ 𝑭𝒐𝒄𝒖𝒔 𝒐𝒏 𝒕𝒉𝒆 𝑪𝒖𝒔𝒕𝒐𝒎𝒆𝒓: Always consider how your product can continue to serve your customers as you scale. Pre-order Boks to Business: https://lnkd.in/ddysPRYg Want to implement the Bomb Squad action plan in your business? Click here: https://lnkd.in/dXdXJ825 #Scaling #Fintech #Innovation #BusinessGrowth

"Move fast and break things" is a bad idea for fintech founders... I believe this is especially true in consumer fintech. When it comes to finance and peoples money, customers don't just expect things to work, they expect them to work well. If they don't, the trust is lost and the customer churns. Shoddy MVP's don't cut the mustard for fintechs either. When it comes to people investing their hard earned money, they expect products to look professional, feel intuitive and be easy to understand. Anything less and they won't make a purchase. Customers will happily spend €10 to try a new note taking app that's not very polished. They won't invest €10 through a new investment app if the product doesn't feel complete and professional. Both products cost the same, but the mindset is completely different... Let's not forget the regulators either, if regulated fintechs are seen to be innovating hastily in ways that could potentially have a negative impact on customers, expect an audit and the potential loss of your authorisation (after the years of work it took to achieve it). #fintech #founders #startups #customers #regulation

💳 John Collison shares the vision behind starting Stripe—to create better payments technology for web developers and entrepreneurs. Let's celebrate innovation in fintech and empower businesses to thrive in the digital economy. #FintechInnovation #DigitalPayments #Entrepreneurship #JohnCollisonVision

Almost six years ago, Yoseph West and Paul Klicnik [VP of Engineering] founded a Toronto-based fintech startup, Relay. The US SMB market is highly competitive, with many native players vying to establish their presence within the sector and meet SMBs’ expectations through new offerings. So what motivated Relay’s Canadian founders to target the US market? West, Co-founder & CEO of Relay, shares insights into the company's target market in US SMBs, growth strategies, and the specific challenges associated with serving this segment. Read on for deeper insights from the story: https://t.ly/IrLPs #SMBs #CashFlow #Technology

Building a fintech business can bring a lot of challenges, many of which are not always under your control. However, with a good strategy and a fresh mind, each startup can be a stepping stone for something greater. You just need to have a mind for it.

These entrepreneurs are managing a flow of over ₹14 LAKH CRORES!!!! (And they are profitable for more than a decade, yes you read that right) Srinivasu MN, Ajay Kaushal and Karthik Ganapathy, the founders of BillDesk identified the following problem: 1. In the 2000s, people stood in long queues just to pay bills 2. This could be bought online, saving time and effort 3. Partnered with banks (a trusted channel), creating the infrastructure to enable this. Banks observed two specific advantages: 1. High Retention: Initially the number of people paying bills online was low, but once they did it, no one went back to queues. 2. Extra Money: Banks noticed that people started to keep extra money in their accounts to make bill payments. This pushed the implementation and led to the birth of BillDesk. BillDesk has now evolved from banks to other channels of trust like LIC, larger merchants, etc., but the brand ethos remains the same: "Enabling people to make payments through channels they trust using payment methods they prefer." PS: I was shocked when I looked at the numbers specifically in times when fintech and cash burn are like synonyms. If you wish to keep learning more about such stories of unicorns in our country or the startup/VC ecosystem, follow along on the journey with Chirayu Lodha. #startup #vc #venturecapital #linkedin #sharktank #money #investors #funding #networking