44 - Why FinTech license applications may get rejected

<div>I have been part of dozens of FinTech projects over the last three years and they were all successful, which is why  I felt that for today’s episode it would be helpful to share with you where and why FinTech start-up founders can be unsuccessful with their license applications. From positioning, to mindset, to switching gears, this information helps you get your business successfully licensed! </div> <div> </div> <div>If you found value in this episode, I would really appreciate if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just <a href= "https://podcasts.apple.com/ch/podcast/compliance-that-makes-sense/id1535160531" target="_blank" rel="noopener noreferrer"><strong>click here to review</strong></a>, select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is. </div> <div><br /> <br /></div> <div><strong>Today's episode:</strong></div> <div> </div> <div>[00:48] Why I felt hesitant talking about FinTech licensing failures and potentially critizising the work of others. </div> <div> </div> <div>[02:24] One of the biggest mistakes that FinTech start-up founders make is the way they position their business.   </div> <div> </div> <div>[04:26] The importance of doing things in the correct sequence when you are setting up your FinTech business.</div> <div> </div> <div>[05:31] A dangerous mindset that many FinTech founders adopt when they begin to experience a level of success.</div> <div> </div> <div>[06:53] Why companies may decide not to pursue their license applications. </div> <div> </div> <div>[08:01] Switching gears; what this means and how it can result in an unsuccessful license application.</div> <div> </div> <div>[09:20] Reasons that moving countries usually doesn’t work out well.</div> <div><br /> <br /></div> <div><strong>Show links:</strong></div> <div> </div> <ul> <li>If you enjoy learn