ScaleUp Yourself: Fintech and Covid19, opportunities and threats by Pablo Soler
The exceptional circumstances of a pandemic, with more than three billion people quarantined for weeks or months over the globe, will have a significant impact in all aspects of our lives, and it will be particularly noticeable in sectors like Finance and Digital Technologies.
Investors are becoming more cautious, generating increased uncertainty for Fintech projects that have high cash burn rates, such as Neo-banks, those depending on accurate risk assessment, such as niche or specialized lenders, or those that become suddenly, albeit temporarily, unnecessary, such as car insurance.
Some sectors will have to rethink their business models, and others will have a unique opportunity to grow or become mainstream, such as biometric payments, as people change the way they pay for goods and services, or Robo-advisory, as the way we invest evolves, becoming more educated and socially conscious.
As said by Churchill, "never waste a good crisis".
Adjunct Professor at IE Business School and Guest Lecturer at Universidad Autónoma de Madrid and at Università di Trento, lecturing on Finance, Innovation, and Social Impact Investment. Consultant to corporations and mentor to startups with significant international business experience. Social Impact Investment, Stakeholder Capitalism, and UBI (Universal Basic Income) advocate.
Profesor Adjunto, Business Angel y Consultor
Pablo Soler, Professor of Finance at IE Business School, Universidad Autónoma de Madrid and Università di Trento.
Consultant in cooperation and mentor for startups, with experience in international business.
Advocate for social impact investing, stakeholder capitalism, and UBI (Universal Basic Income).