Take-aways from the Fintech panel

This evening I went to a German American Business Association meeting where there were two panels holding discussions around Fintech.

I attended one focussing on regulation.

It's actually been a while since I worked within the Finance world.

Anyhoo my takeaway was:

• Berlin used to be the only place for startups in Germany but now Munich is catching up (we're not in Fintech but it is good to know. Also, I am not totally sure what was said because it was said in Foreign).
• As a culture Germans tend to go for reference-able products and services. It's also a "me-too" attitude and I read of one entrepreneur who was told that he would only get investment if his idea was a copy of something in Silicon Valley. All this, however, is now changing.
• Something else about something that we will keep within our business and will sort out pretty damn quick.

Despite there being a lot of people it was a great networking opportunity.