Episode 146: The Evolution of Fintech in 2023: In Conversation with Bambu with Ned Phillips

2023-01-24

What should you be looking out for in 2023? I recently sat down with Ned Philips to discuss the opportunities in fintech in 2023 And this is what he had to say: "Improve operational efficiencies, to drive profitable growth. Focus on profits. That’s one of our core focuses at Bambu. Profits is a word that was lost, We got used to cheering every startup for raising money. And if I can put out an unpopular view, you’re getting cheered on for not being profit...

What should you be looking out for in 2023?

I recently sat down with Ned Philips to discuss the opportunities in fintech in 2023

And this is what he had to say:

"Improve operational efficiencies, to drive profitable growth. Focus on profits. That’s one of our core focuses at Bambu. Profits is a word that was lost, We got used to cheering every startup for raising money.

And if I can put out an unpopular view, you’re getting cheered on for not being profitable. It’s madness, right? Now, of course, the VC route to growth happens when people are willing to invest when capital is available.

So I believe what to look out for next year is, for those fintechs that are profitable and for fintechs that have partnered with corporates to have a great impact on the ecosystem. And if you want to speculate on the emerging ecosystems, then be aware of both the upside and downside; but no doubt there will be a few diamonds emerging from this build phase in the years to come. " Ned Philips, CEO Bambu

Want to find out about the top 8 opportunities in fintech in 2023?

Then download your copy of the newly released article "the evolution of fintech in 2023, a discussion with leaders, for leaders"
Here: ** https://scaleupconsulting.co.uk/ **

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