Innovation
Introduction to 99FinTech – The Opportunity We Solve
The fintech space offers significant potential to new entrants as well as established financial services and technology companies. Recent developments in areas such as open banking, real-time payments and crypto currencies create significant opportunities for growth and expansion. Corporates, merchants, early-stage portfolio holdings of venture capital firms, and perhaps most significantly, serial acquirers like private equity firms stand to untap major sources of growth and return for their organization and portfolios. The breadth of these opportunities is vast for those who cannot only innovate (or acquire) in fintech, but also quickly launch and scale the new business models to their full potential without triggering one of the typical fintech points of failure. This is the opportunity.
However, many organizations seeking independently to innovate, grow organically, or expand through M&A in the fintech space typically face eight common points of failure. These challenges include: competing priorities, limited resources, narrow windows of opportunity, lack of expertise, fear of self-cannibalization, regulatory uncertainty, technological inflexibility and fintech ecosystem unfamiliarity.
By partnering with 99FinTech (99FT), companies and fund managers seeking to grow or enhance performance can overcome these challenges. 99FTis specifically formulated to help client partners realize the benefits of fintech innovation to achieve end-to-end success. 99FT allows client partners to tap a committed team with hands-on experience so that they can set the level of involvement to meet their own abilities, bandwidth, desire, and risk appetite without slowing down or otherwise constraining their success. And retain the option to bring the solution fully in-house.
The result is faster speed to market than in-house innovation, less risk than acquiring an existing fintech, less learning by trial and error, and less compromise of vision or opportunity. This means more success upside. This is what we solve.
Skin-in-the-Game
We are very confident in our model. As a result, 99FT typically offers to put ‘skin in the game’, aligning our interests and incentives with our client partners’ interests and incentives. This can be in the form of reduced or foregone fees, performance guarantees and incentives, IP contributions, and/or other considerations. We often retain an interest in the solutions we build as our upside for sharing risk with our client partners. All of these options are negotiable based on the particular solution or opportunity, and we pride ourselves on being very flexible and easy to work with. At 99FT, we are committed to your success. So much so, we stake our reputations to it.
99FT brings structure and discipline...
But we also bring unique insights and unparalleled experience and success working together.
But we also bring unique insights and unparalleled experience and success working together.
But we also bring unique insights and unparalleled experience and success working together.
For example, for client partners looking to...
But we also bring unique insights and unparalleled experience and success working together.
But we also bring unique insights and unparalleled experience and success working together.
Enable customers to make just-in-time payments and accelerate service delivery
Provide consumers with a new instant credit capability that enhances your market reputation
Utilize customer data to make real-time risk decisions but concerned about regulatory uncertainty
Enter new geographies
99FT...
But we also bring unique insights and unparalleled experience and success working together.
99FT...
Designed and built the U.S. real-time payment networks.
Created a successful, unique, responsible, and sustainable solution in only 10 months.
Wrote the principles guiding the regulator's thinking.
Americanized a foreign fintech and lending platform to be compliant, risk and product ready and launched with an industry ‘gold standard’ lender of record in the US within less than a year.