079 - Reality Check for the FinTech Industry

<p><span style="font-weight: 400;">There is a lot of uncertainty and conflict in the world at the moment, which is making many people fearful about the future of their businesses. In today’s episode I’m going to be sharing my thoughts on what FinTech’s should be focusing on in order to make it through the current and near-future challenges. </span></p> <p><span style="font-weight: 400;">If you found value in this episode, I would really appreciate if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies!</span> <span style= "font-weight: 400;">If you are on Apple, just </span><a href= "https://podcasts.apple.com/ch/podcast/compliance-that-makes-sense/id1535160531"><strong>click here to review</strong></a><span style="font-weight: 400;">, select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is. </span></p> <p> </p> <p><strong>Today's episode:</strong></p> <p><span style="font-weight: 400;">[00:40] Today’s episode is all about what to expect from the world economy in the near future, and how it’s going to impact the FinTech industry.</span></p> <p><span style="font-weight: 400;">[01:49] Ray Dalio and Nassim Taleb’s thoughts on the war in Ukraine, and why I value their perspective.</span></p> <p><span style="font-weight: 400;">[05:21] Some of the issues which are fuelling social unrest and political divisions. </span></p> <p><span style="font-weight: 400;">[07:01] Four types of leverage that a business can utilize for growth in today’s world. </span></p> <p><span style="font-weight: 400;">[07:50] Why borrowing money is a good idea at the moment. </span></p> <p><span style="font-weight: 400;">[08:06] Reasons that I wouldn’t recommend overinvesting into user acquisitions right now.</span></p> <p><span style="font-weight: 400;">[08:22] Investing in infrastructure and partnerships, and releasing new products is a key area for FinTech’