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Why Is Everyone Going Into Fintech... by TheNeededShock(m): 12:46pm On Dec 11, 2020 |
It's a trend I've noticed, like we have up to 5 different fintech companies in nigeria doing practically the same thing, is finance the only big sector for tech guys or is just because it appeals more to foreign investors. Real estate, agriculture and education don't have as much players as fintech....why is this? |
Re: Why Is Everyone Going Into Fintech... by SavageResponse(m): 1:29pm On Dec 11, 2020 |
TheNeededShock: That's the sub-sector that is bringing in money...and average investor is in the business to make money! |
Re: Why Is Everyone Going Into Fintech... by TheNeededShock(m): 3:38pm On Dec 11, 2020 |
SavageResponse: Lol, I could list a dozen sectors that gives good returns....plus some of these fintech companies haven't even been profitable.. |
Re: Why Is Everyone Going Into Fintech... by Kennyking1234: 6:28pm On Dec 11, 2020 |
Lala |
Re: Why Is Everyone Going Into Fintech... by SavageResponse(m): 11:24pm On Dec 11, 2020 |
TheNeededShock: Why don't you organise a team of investors to put money in these business models since you have so much confidence in them? |
Re: Why Is Everyone Going Into Fintech... by TheNeededShock(m): 11:48pm On Dec 11, 2020 |
SavageResponse: Well unfortunately most investors aren't really interested in real value and long term returns, what gets them is short term returns and if it's sexy and trending, plus it's not really about my confidence it those alternatives but it being a fact. |
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