FinTech startups have a lot to consider as they grow and scale, says Emily Reid, Partner in the Financial Institutions Group at Hogan Lovells. Speaking at the FinTECHTalents Festival, Reid moderated the Hindsight 20/20 panel as part of the FinTech Stories stage. Today’s successful entrepreneurs obtain a clear understanding of regulations, from the start, understand when to take advice in regards to scale and expansion and tend to have a healthy balance of ‘acceptance and rebellion’.
“Over the more recent past, the most successful entrepreneurs in FinTech are the ones that understand that it is completely vital that they come to grips with the regulation, if they fail to do that, they will not build value,” says Reid.