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Elevation Capital says fintech companies building tailored products are finding takers

Economic TimesEconomic Times Ā· 9m
Elevation Capital says fintech companies building tailored products are finding takers

Despite the challenges posed by regulatory actions and the need to navigate through complex partnerships with traditional banks, fintech firms can use these obstacles as an opportunity to build scalable platforms in the long term, according to senior partners at Elevation Capital. Although regulatory clarity might increase governance costs and prolong the process, it provides a runway for fintech startups to expand their operations. The partners also highlighted the emergence of niche-focused fintech companies that offer tailored financial products and services to specific user segments, with the potential for significant growth and dominance in their respective markets. Examples such as Skydo and Jodo were cited as successful examples within Elevation Capital's portfolio.

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