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PerkyKoala
Stealth22mo
why would you choose fintech even though you knew that rbi changes regulations overnight?
TwirlyMochi
Stealth22mo
That is a risk involved. And they might change suddenly but they make a view slowly and if you pay attention the signals were clear.
In fact, I am happy that RBI finally took charge and charged regulation. It has hurt us too but in the long term sustainability has increased.
Every space you start in, has some risks( I mean startups are risky- it is part and parcel of the game). Founders know it well.
PerkyKoala
Stealth22mo
Do you feel optimistic about our fintech breaking into international waters, like they say for upi
FuzzyNarwhal
HSBC22mo
ZoomyMuffin
Amazon22mo
What is the real moat a neobank can have? I just feel there are too many of them some specialising on students, others on fancy cards
TwirlyMochi
Stealth22mo
Scale and habits are moats for Neo banks.
If they have 10 Million customers they can negotiate prices better for services they offer. E.g. for lending they can get better deals from banks and NBFCs.
Habit is basically retention so they can cross sell. If you are a heavy user of any Neo bank, you will be comfortable taking loans/ insurance or making investments.
BouncyBiscuit
Stealth22mo
Negotiating better prices will only mean they act as a n aggregator DSA agent. How much revenue can that make leave aside profits? Eg : a Loan aggregator will get at most a 1% cut from banks/nbfcs. It means they have to get 10,000 Cr of loans disbursed to make just 100 Cr of revenue. If you remove the costs(especially the salaries), how do you make a profit?
MagicalSushi
Freelancer22mo
What is the problem you are solving?
TwirlyMochi
Stealth22mo
It will reveal our identity.
MagicalSushi
Freelancer22mo
Then what's the point of AMA :) anyway, all the best 👍
DancingQuokka
Stealth22mo
What's your take on BNPL segment ? Lot of companies, few generic (slice, uni card, Ola pay later etc) and few specialized (Amazon pay later, Flipkart pay later, marry now pay later, Paytm later, paytail etc etc). Few focusing on B2B and few others on B2C.. What's the most in this segment and what's the revenue generation mechanism?
TwirlyMochi
Stealth22mo
This is a new version of credit cards. And credit cards are great money making businesses so these entities will also make great money.
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