Difficulties and challenges of
INFOGRAPHIC Fintech Infographic Discharge INDEX OF CONTENTS starting up in FinTech The initial phase is, without a doubt, one of the most complicated for the vast majority of business projects, since it requires a strong injection of capital and many hours of work. Sometimes, the results are not seen immediately.But rather take several months to appear. Within the Phone Number List variety of difficulties and challenges that we encounter when creating a new company in the FinTech sector, the following mainly stand out: 1 Entry barriers We find two major barriers to entry when creating a startup or FinTech company. The first of these are the competitors in the sector .
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which vary depending on the market niche in which we find ourselves. The second are competitors “apparently unrelated” to the sector , such as traditional banks that have not yet defined their position regarding FinTech startups or banking entities that identify themselves as direct rivals of companies that operate in the FinTech sector.
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