Name: Finding the right Fintech to invest in
Uploaded: 2021-12-01T16:44:39.047Z
Duration: 194
Description: Venture capitals have been a vital source of financing for high-growth start-ups. FinTech startups want to know how venture capitalists choose their investments. Amee Parbhoo, Managing Director at Accion Venture Lab, discusses the most critical criterias for a VC to consider while investing in Fintech.

Finding the right fintech to invest in_.vtt

English

{{00:00:28}}
How do you go about
finding the next unicorn?

{{00:00:32}}
For us,  it's a global
and a local approach.

{{00:00:35}}
So we are a global fund.

{{00:00:38}}
we are our portfolio of 56 companies
operate in over 30 countries.

{{00:00:43}}
So we have just broad, broad reach.

{{00:00:46}}
But we know that you can not have a
copy paste approach around the world.

{{00:00:50}}
So having that local knowledge, that
local market expertise is critical.

{{00:00:53}}
So I have colleagues on our team who
are based in Manila and Bombay and
Legos, and in Latin America who are

{{00:01:01}}
out there, meeting founders, meeting
entrepreneurs, meeting investors.

{{00:01:06}}
Searching for that next unicorn
searching for that next.

{{00:01:10}}
What's most important to
us that next big idea.

{{00:01:13}}
That's really going to make a difference,
not only to financially, but socially.

{{00:01:19}}
More than anything.

{{00:01:20}}
It's the adaptability it's recognizing
that the role of a founder, a CEO is
going to change from when you are a seed

{{00:01:29}}
stage company, you know, and you're one
of three people working away, proving
out , you know, that your product works.

{{00:01:36}}
It's a very different role to then when
you're 10 years down the line, you built

{{00:01:41}}
a massive business with hundreds of
employees and multiple different products.

{{00:01:45}}
So it's gotta be someone who
is willing to learn, willing to

{{00:01:50}}
get feedback, take feedback, is
excited to change and do that.

{{00:01:56}}
So it's a lot of the soft of
course, we look for the technical
expertise, you know, the skillset.

{{00:02:02}}
But it's sort of in many ways, one
of, one of the questions I love to

{{00:02:06}}
ask founders is about their hiring
plan and where they see their gaps.

{{00:02:10}}
And you can tell a lot about a person's
leadership based on how they answer that.

{{00:02:14}}
If they, you know, pick out some
very junior skill sets that they
need to fill, or if they recognize

{{00:02:20}}
here's it, here's a, co-partner,
here's a co-leader senior person.

{{00:02:23}}
I need to help me take this
business to the next level.

{{00:02:28}}
It is a market with
tremendous addressable.

{{00:02:31}}
It's a huge addressable market.

{{00:02:33}}
There's incredible need for the services.

{{00:02:36}}
So I think a lot of investors
really do care about that size of
the problem you're trying to solve.

{{00:02:43}}
And you know, what, what that kind of
full market size would look like for us.

{{00:02:47}}
I think it's also about that innovation.

{{00:02:49}}
It's, you know, what is going to prevent.

{{00:02:53}}
What differentiates you from
the competitors out there?

{{00:02:56}}
There's a lot of things going
on in FinTech right now.

{{00:03:00}}
So what is it that differentiates
you and makes you able to out

{{00:03:03}}
innovate, you know, the others
that might be coming down the line?

How do you go about
finding the next unicorn?

For us,  it's a global
and a local approach.

we are our portfolio of 56 companies
operate in over 30 countries.

But we know that you can not have a
copy paste approach around the world.

So having that local knowledge, that
local market expertise is critical.

So I have colleagues on our team who
are based in Manila and Bombay and
Legos, and in Latin America who are

out there, meeting founders, meeting
entrepreneurs, meeting investors.

Searching for that next unicorn
searching for that next.

What's most important to
us that next big idea.

That's really going to make a difference,
not only to financially, but socially.

It's the adaptability it's recognizing
that the role of a founder, a CEO is
going to change from when you are a seed

stage company, you know, and you're one
of three people working away, proving
out , you know, that your product works.

It's a very different role to then when
you're 10 years down the line, you built

a massive business with hundreds of
employees and multiple different products.

So it's gotta be someone who
is willing to learn, willing to

get feedback, take feedback, is
excited to change and do that.

So it's a lot of the soft of
course, we look for the technical
expertise, you know, the skillset.

But it's sort of in many ways, one
of, one of the questions I love to

ask founders is about their hiring
plan and where they see their gaps.

And you can tell a lot about a person's
leadership based on how they answer that.

If they, you know, pick out some
very junior skill sets that they
need to fill, or if they recognize

here's it, here's a, co-partner,
here's a co-leader senior person.

I need to help me take this
business to the next level.

It is a market with
tremendous addressable.

There's incredible need for the services.

So I think a lot of investors
really do care about that size of
the problem you're trying to solve.

And you know, what, what that kind of
full market size would look like for us.

It's, you know, what is going to prevent.

What differentiates you from
the competitors out there?

There's a lot of things going
on in FinTech right now.

So what is it that differentiates
you and makes you able to out

innovate, you know, the others
that might be coming down the line?

Expert Insight

Venture capitals have been a vital source of financing for high-growth start-ups. FinTech startups want to know how venture capitalists choose their investments.
Amee Parbhoo, Managing Director at Accion Venture Lab, discusses the most critical criterias for a VC to consider while investing in Fintech.

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Amee Parbhoo

Managing Director 

Investors look for new unicorn businesses both locally and globally when searching for the next big thing. 
To be considered a unicorn worthy of investment, it must make a positive impact not only financially but also socially.

Chapter 1 : Finding new unicorn businesses

Being a good founder necessitates adaptability and flexibility. 
Parbhoo points out that a good founder should be willing to learn and take feedback efficiently in addition to having technical expertise.

Chapter 2: The most important characteristic of a founder

Fintech is a massive market with a lot of competition. 
Investors are looking for the answer to what makes you stand out and allows you to out-innovate your competitors. 