Where is fintech headed?

9/10 companies in the same space have the same feature set. Bigger companies are legit morphing into the exact same super app. More and more, it feels like it's all about execution with fintech. Do cool things only come out of iSPIRT?

Cred is truly a topic of surprise for me. Yes, I understand it has created a community of top spenders/credit worthy people in India. I also understand that they can use the information on such people for creating value for themselves. Being a cred user, I only use it to pay the bills. I really wonder if they have built any b2b business or alternative source of income beyond what's seen to the end user. What's the game plan for the cred? I also applaud the fact that cred hasn't laid off people having paid them better than most companies. I really wonder if the business is really that strong or the conviction is. Would you join cred if given a chance to work there?

How are startups competing in the same space on almost similar products and raising a lot lot of money on almost similar products 😮. How to be better than competition if it's almost similar product that everyone is offering especially in FINTECH with plug and play APIs? Opinions?

Folks, want to understand why there is so much chaos in fintech in indian startup ecosystem. I don't find one single company with well defined processes or SOP's Companies claim to have tall valuations as big as established conglomerates but when it comes to process or SOP's they're not even a % of it. Has anyone else also faced and realised it? These cos have minds from all top both places yet can't setup processes makes it little unbelievable.

Sharing frustrations with starting up a business. In my career I have raised over $30m over multiple rounds. Co-founders in non-business roles get pushed out by politics. Sharing control with co-founders is messy, inconvenient, time consuming. Money lets you hire people who have to answer to you. If you are not the main ‘Business person’ in a startup high chance you are disposable, no matter what skills you have. And it sucks to spend so much effort only to get bullied out and left with nothing. Some investors will follow you on social media, if your business is not growing QoQ don’t post anything on social media that implies you are not working every weekend. They will ask why you are not working. If you are CEO, be ready for every random person to tell you how to run your business. Not in a ‘friendly advice’ kind of way, if you are the CEO you have a target on your back. Investors don’t know about your industry or have very dated knowledge. Some will just say random tips like ‘try web3’ or ‘try SaaS’ and blame you for following their advice when it fails. Your progress is measured against fraud companies who fake numbers, or the 1 in thousands who succeed. Get made to feel like you are failing to live up to super high expectations constantly. Employees work half your hours, off sick usuall one day a week, deliver next to nothing and expect 20% hikes every year because that’s what their friends make, or they read some dumb startup hires freshers at 20LPA. Smooth talking people with the same idea as you, no traction, never shipped a product in life, will raise a huge seed round due to 'pedigree' and spend it all on self promotion. You will always be compared to these clowns who find ways to lecture others while building nothing of value.

I’m looking to switch to B2C FinTech startups in India with good product and team! Do suggest if you know which one are those A quick background: founding product and business lead at web3 stealth startup, before worked in web2 FinTech

I have recently got laid off from one of the Fintech firms. They have been silently letting off people since last year but the no. Of employees let go have been higher in the past 2-3 months. They have downsized by more than 100 people in the last 8-10 months to avoid PR disaster. Not naming the company but just wanted to know if this is right way to do it both from employee and employer perspective.

Hi Grapevine, I'm [Saurabh](https://www.linkedin.com/in/saurabhjain1099/), currently building [Stable Money](https://stablemoney.in/), India’s largest platform for fixed return investments. I'd love to chat with you folks about my journey in building Stable Money, my thoughts on fintech and financial services, organization building, amongst other things. Ask me anything, I'll be back at 7 PM and begin answering! :)