CEO and Co-Founder Mike Bristow shares his perspectives on building products that will stand the test of time, adapt to the future, and cope with the surges in use we are all aiming for in this FinTech Alliance article.
The world of FinTech is awash with new ideas that promise to disrupt the financial services industry - the challenge often comes when a business looks to scale its solution, especially with Covid-19 meaning even more consumers than usual are turning to FinTech.
Building and scaling your product – and in turn your business – is all about prioritising, as Mike notes: “Any founder is a perfectionist with millions of things on the to do list. The talent as a strategist is to say ‘Where do I get the biggest bang for my buck in what I’m building for my customer?” and developing the roadmap for that. Each time you get investment, you can build in the heavier weight banking-like structure and things like workflow tools – when you move from four people to 32 and you have different teams, workflow processing is critical.”
Read the full article here: https://fintech-alliance.com/news-insights/article/4415/ask-a-fintech-how-do-you-build-a-product-that-scales/fintech