The most challenging part in the beginning is finding a good partner bank.
Once you found a banking partner, you need to win trust of your potential customers, as customers only want to work with trusted financial entities even when you are giving credit.
Once the above two issues are sorted, the compliance issues drown fintech startups. There is always something new one needs to do every month.
Once you found a banking partner, you need to win trust of your potential customers, as customers only want to work with trusted financial entities even when you are giving credit.
Once the above two issues are sorted, the compliance issues drown fintech startups. There is always something new one needs to do every month.