Founder at Swiss-S Family Office (Zurich, Dubai, London) | Venture Capital | Private Equity | Family Office | Angel Investing | Investor Relations | Investor Network | Funds
Understand the critical importance of adhering to regulatory frameworks in #FinTech, enabling companies to innovate within legal boundaries and push the envelope on financial technology.
3 Key Factors Driving the Growth of FinTech in 2024 and Beyond 1 - Regulatory Understanding and Compliance as a Growth Driver Regulatory compliance remains a critical pillar for #FinTech companies. Emanuel Pleitez, Co-Founder at East Los Capital in the US, underscores the importance of navigating the regulatory environment: "While FinTech was a major trend in 2020-2021, its growth moving forward hinges on understanding compliance. The FinTechs that truly innovate and grasp the financial services ecosystem will thrive in the coming years." This emphasis on regulatory #technology helps companies manage compliance using technology to automate and simplify processes. 2 - The Role of AI and Web3 in Shaping the Future of FinTech The integration of AI and Web3 technologies marks a new phase in FinTech. Christian Farioli, CEO & Lecturer at ESD Growth Partners in the #UAE, points out the significance of these technologies: "The hottest topics driving the growth of FinTech are #Web3 and #artificialintelligence. These technologies are attracting strong investor interest and they are positioned to continue revolutionizing the financial sector in 2024 and beyond." #AI and Web3 are enhancing personalized financial services, improving security features and enabling DeFi models that challenge traditional banking methods. 3 - Innovative Technologies at the Heart of FinTech Evolution Innovation remains at the core of FinTech’s rapid development. Gustavo A. Montero, Founder & Chairman at Carter Capital in the UAE, captures this sentiment: "We are only at the beginning of FinTech's potential. New technologies are going to radically reshape the financial sector and the changes we’ve seen so far are just scratching the surface." Emerging technologies like #blockchain, IoT and next-generation AI are driving more secure, efficient and accessible financial services, expanding the sector’s reach and capability. The 189th PIFW “Investing Today in the Tech Pioneers of Tomorrow”, was a pivotal gathering for investment leaders. The event explored pioneering topics such as digital trust, the dynamics of investing in tech startups and strategies for nurturing potential unicorns. We extend our heartfelt thanks to our speakers for sharing their valuable insights at the forum: Gustavo Antonio Montero Jude Pereira Prof.Christian Farioli Emanuel Pleitez We express our gratitude to the presenters for showcasing their investment opportunities at the event: George Tziazas, Founder at Ascanio, Cyprus and his company revolutionizing mission-critical training in many industries Sébastien Vaval, CEO at Outsourcebreeze, Canada and his groundbreaking AI platform helping students reach their full academic potential Sheldon Benson, President at 1Web, Canada and his unique web3 project that promises to revolutionize the use of the digital dirham Join our investment community by registering for the upcoming 190th G.I.L.C. Summit at: https://lnkd.in/dZgb26SY
