Breaking Barriers in Fintech with Finkr

In this episode of FinTech Focus TV host Ian Bailey is joined by Ion Fratiloiu, the CEO and Founder of Finkr, a consulting business aiding fintech companies, lenders, and technology firms in scaling up and entering the UK market.

Ion highlights the company’s approach of leveraging experts from firms like McKinsey and Bain to provide quick, targeted consulting. This strategy allows them to assess and design business strategies in 20 to 30 days, helping companies effectively position themselves in the market.

Ion mentions the increasing scrutiny in investment, with investors demanding more rigorous due diligence and proof of financial forecasts. Finkr assists clients by pre-evaluating their business models and data rooms, ensuring they are well-prepared before approaching investors.

The pair also discuss the impact of AI and technology on the financial sector. Ion points out that while AI is mainly being adopted for servicing and predictive analytics, the underlying tech infrastructure of many financial institutions still hinders full AI integration. He envisions a future where low-code/no-code platforms will allow for seamless integration of various financial tools, significantly simplifying the creation of financial institutions.

This episode touches on the importance of human capital and the trend towards fractional hiring of industry experts for the execution of business strategies. Ion notes the challenges posed by tech giants like Google, Apple, Visa, and Amazon entering the fintech space, leveraging their extensive resources to capture market share.

About FinTech Focus TV

FinTech Focus TV is one of Harrington Starr’s podcasts and is hosted by CEO, Toby Babb.

Each episode features industry leaders describing their journey and their roles in FinTech.  We learn various strategies from these experts on how to conquer a FinTech career as well as hiring techniques that not only attract but retain the best talent out there.

As a FinTech recruitment firm, 'your success is our business'. Our expert Fintech recruiters are always at hand, whether you are looking to hire permanent roles or contract roles, our team is here to help.

We have new episodes released every Wednesday and are available on YouTube and other streaming services..

For more episodes click here.