Top 11 Reasons Why Fintech StartUps in South East Asia Fail
Tuesday, February 7, 2017
You have an incredible fintech balance marketable strategy. You gather your group and make your start-up. Here are ten regular missteps you ought to keep away from on the off chance that you need to have an opportunity to experience one more day in South East Asia.
1.Not contemplating about appropriate licensing
You think you are a tech organization. You think you are just building programming. However, in the event that you are concentrating on a business-to-customer demonstrate, odds are you may require some sort of permit and that’s the reason why most of the fintech start-up fails.
In any event you may need to converse with your nearby controller. Numerous start-ups has stumbled up by overlooking that the money related administrations industry is intensely managed — in some cases maddeningly along these lines, at times which is all well and good, here and there both. Ensure you comprehend the administrative laws and permitting prerequisites. Try not to be bashful, ask a law office represented as a considerable authority in administrative work.
Source: Fintech News (link opens in a new window)