Key Success Factors in Alternative Lending & the Role of Partners

What is the role of larger players in partnerships? How does one create an efficient, balanced, successful partnership with larger players? What are the successful techniques of cooperation with incumbent players and why?

Key Success Factors in Alternative Lending & the Rol

What is the role of larger players in partnerships? How does one create an efficient, balanced, successful partnership with larger players? What are the successful techniques of cooperation with incumbent players and why?
fintech By FINTECH Books Contributor, Gabriella Kindert Follow: @Kindert01 Many Fintech companies born in the last decade have new products and innovative ideas in Alternative Lending, the aim of which is to replace banks. On paper and as a prototype, they seem better, faster, and more efficient. The value proposition is clearly there. However, scaling up the initial success still remains a major challenge. Many players find themselves struggling to create the necessary size, market access, regulatory acceptance and above all, enough consumer trust. What are the best practices and the winning formula to gain market share in the disintermediation from banks? How does one create a winning business model in Alternative Lending? Which players managed to scale up initial successes? How did they manage to create social and regulatory acceptance? Which critical success factors enabled them to gain trust from customers? How important is regulatory approval in obtaining scale in Alternative Lending? What can we learn from other industries in scaling up business models? Partnerships. What is the role of larger players in partnerships? How does one create an efficient, balanced, successful partnership with larger players? What are the successful techniques of cooperation with incumbent players and why? Smaller, innovative players often struggle to demonstrate their ability to capture value for their business idea. What are the best ways to balance creating value for customers and generating return for investors and partners? How can entrepreneurs ensure that their business idea and business model are not diluted? Just like in other industries, the winners take it all. The key is to move faster and smarter. If you would like to learn more about FinTech please look at our video courses at FINTECHCircleInstitute.com