good morning any questions/comments: francisco lorca // [email protected] //...
TRANSCRIPT
Singapore
Fintech HighTech
Berlin
12 ACCELERATOR PROGRAMS IN 8 CITIES
Amsterdam
Eindhoven
Copenhagen
Mobile E&Mcommerce
Istanbul
Transport
Barcelona
IoT & Data
Smart Materials
Smart Cities
LondonFinTech
Insurance
Singapore
OUR FINTECH PROGRAM
LondonFinTech
Insurance
New York
OUR LONDON FINTECH PARTNERS
Startupbootcamp Global Partners
Startupbootcamp Program Partners
MAJOR CORPORATE PARTNERSHIPS
Methodology
Content
Mentor Network
Partners & Pilots
Funding
WHAT MAKES US DIFFERENT
Huge Demand Scarce “Fin + Tech” Talent
Midlevel/Senior talent not moving to startupsExpensive
TALENT: CHALLENGE
Nurture Relationships
Become part of the community
Startupbootcamp examples:
• Look for talent while working with Fis
• Mentors as potential employees
TALENT: SOLUTION
Non-validated proposition
Local solution. Global?
Is there really a need?
Economics
Market Dynamics
IS THERE REALLY AN OPPORTUNITY?: CHALLENGE
Pilot: Validate your business model and proposition instead of selling
Startupbootcamp experience: Pilots as fundamental part of partner engagement
Experts/mentors
IS THERE REALLY AN OPPORTUNITY?: SOLUTION
Series A: “Easy”Significant size Series A & B hard
Terms “not founder friendly”
FUNDING: CHALLENGE
Build Relationships early (6 months)
EIS (The Enterprise Investment Scheme)
Timing: Be realistic
Understand what VCs mean by “Traction” (Validation)
FUNDING: SOLUTION
Banks can be competitors, many times clients or partners
Banks are complex
Banks are banks
UNDERSTAND BANKS: CHALLENGE
Work on pilots: Not sales
Build alliances early
Get mentors in banks
Be clear/specific/focused
UNDERSTAND BANKS: SOLUTION
Expensive
Expensive
Expensive
London is BIG
SPACE: CHALLENGE
Be close to talent
Prepare to scale
Be pragmatic
SPACE: SOLUTION
