5 • 1.8K Ratings
🗓️ 23 March 2023
⏱️ 42 minutes
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0:00.0 | The Hi everyone welcome to scouting for growth. Today we'll be welcoming |
0:20.4 | Tristan Pelo and expert passionate about FinTech and innovation. |
0:27.0 | After several years, in corporate strategy and finance at Virgin Money, |
0:31.1 | Tristan decided to launch strategy why an independent management consultancy |
0:36.6 | focus on scallops and startup and helping them shape executable strategies. He is also the chief pencil officer of FinTech review and online |
0:47.8 | media focused on the FinTech industry. On this episode of scouting for Growth, we will be targeting everything FinTech. |
0:56.2 | But let's start with a few stats. There are more than 30,000 startups in the world, of which almost 10,000 startups are in the MEA. |
1:08.0 | When you think about FinTech, global FinTech funding rich which some say 75 billion U.S. |
1:15.4 | dollars in 2022. |
1:18.6 | Others say up to 100 billion U.S. |
1:21.6 | dollars and I think it depends as to whether you involve or include |
1:26.4 | the smaller investment deals, making a 46 percent drop from 2021, but up to 52% up compared to 2020 CB inside shared in a recent state of the FinTech review world. In the introduction of this podcast series, I also share that there were |
1:48.2 | over 100,000 FinTech startup out there, and so it would probably disappear this year, but 30% of these ventures get investment funding from investors. And if you consider all the sub sectors within FinTech, |
2:04.8 | including in Shell Tech, Health Tech, Wealth Tech, |
2:07.4 | Wealth Tech, to date, over 675 billion U.S. |
2:12.1 | dollars have been pulled into FinTech ventures and whilst the market is |
2:17.6 | resettling, we'll see how those ventures are raising more funding this year or maybe going through |
2:25.4 | MNA or other form of transition. Today we will recover with Tristan a few points. |
2:33.3 | I wanted to know Tristan's path from Virgin Media |
2:37.1 | to becoming now a FinTech, resilience expert |
2:41.5 | supporting scale- ups and startups. |
2:43.7 | Then I wanted to look into FinTech into more details and some of the disconnects |
... |
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