logo
episode-header-image
Nov 2022
34m 24s

Growing a Fintech in a Fragmented Market

Step
About this episode

The number of Fintech is continuously growing and becoming the latest talk of the town.

Fintech speakers Shafique Ibrahim of Walvat, Ihsan Al Hayek of DAPI, Danny Abla of Bankiom & Narendra Nandal of Nym Card spill all the details about the growth of the fintech in a fragmented market, the role regulations play in the Fintech space and the effective strategies recommended for fintech to get into the MENA region.

_____________________

QUOTES

''With open banking now coming full force in the region, we do have an excellent chance of stitching together at least commercially, these markets and these jurisdictions''

''If you have to address a fragmented market, which, where the scale can only come, when all these different fragments come together, you need a common platform''

''We need the regulator to escort us into getting much, much, much better services into our banking and our finances.''

''I think the driver that will push them to become more and more and more responsive and agile is the process of putting the regulation and we need to not over-regulate because this will kill all the risky and ambitious new use cases. So when you it's always a balance between the two''

''So definitely the global trend is for technology companies to start offering financial services.''

''I think the future of banks, they will initially work hand in hand.''

''Fintech is to the digital economy''

_____________________

HIGHLIGHTS

3:04- The Fintech ecosystem in the fragmented region today

6:38- Emerging of the Fintechs and the reasons behind their ability to initiate solutions

11:43- The role of regulations in the MENA region

20:57- Fintech being an alternate to the banking industry or more of a collaborative with a bank

26:51- Higher funding on the Fintechs

31:40- The strategies for Fintechs to get into the MENA region

Up next
Dec 2024
Keynote by Reid Hoffman's Blitzscaling Co-Author: Chris Yeh
Blitzscaling strategies are reshaping how startups grow and dominate markets, with rapid growth prioritized over efficiency to win. Chris Yeh of Blitzscaling Ventures delves into the principles of blitzscaling and its synergy with AI, offering insights on seizing market opportuni ... Show More
24m 3s
Nov 2024
Navigating the AI Investment Landscape
The AI investment landscape is rapidly evolving, with groundbreaking innovations and challenges emerging at every turn. Arif Hilaly of Bain Capital Ventures, Calvin Chin of E14 Fund, Bilal Zuberi of Lux Capital, John Chu of Khosla Ventures, and Lisa of 99 VC discuss trends, valua ... Show More
46m 58s
Sep 2024
Navigating the AI Landscape
Jeremiah Owyang, General Partner at Blitzscaling Ventures, delivered a comprehensive overview of the current AI landscape. He introduced the AI tech stack, explaining its layers from data to applications and agents.  Sign up for Step events https://stepconference.com/Subscribe no ... Show More
18m 47s
Recommended Podcasts
Maté Conversations
Step
احمد عامر: السيرة النبوية
Ahmed Amer
اذكار الصباح والمساء
MESHARI ALENEZI
Kalam mn Lahb
Trend Media Stage
#ABtalks
ANAS BUKHASH
anything goes with emma chamberlain
Emma Chamberlain
Rain Sounds
Sleepy Sound
TED Talks Daily
TED
بودكاست أبجورة
Podcast Abajoura
Rotten Mango
STEPHANIE SOO