Fintech has been a hot VC area for some time, so its about time we discussed it on the podcast. For this we turn to James Pringle, a former entrepreneur turned fund manager who specialises in fintech investing.
We start with the big picture: what is fintech and why the UK is one of the global centres for it. James also gives some perspective on how the area has developed over the past few years, moving from universal providers to specialists and, perhaps, returning.
The second half of our discussion on what makes a good fintech now. We discuss the common business model of acquiring customers in one product area, then growing by adding products. James talks about what makes companies defensible and what he looks for in new fintech investments. He brings out lots of examples, both well-known and up-and-coming, as well as a few of the lessons he has learnt along the way.