The Pursuit of Scrappiness #4 - Is the stock investing app business model irreparably flawed and will a 'local Klarna' bring Buy Now Pay Later to the Baltics?
Mar 30, 2021
59:58
We dig deeper into two fintech verticals - stock investing apps and the business model of Robinhood as well as Buy Now Pay Later (BNPL) and the reasons why Klarna is Europe’s most valuable private fintech company.
Should you start a new stock investing fintech and will we stop paying full price for goods immediately as the new norm in shopping? Find out in the latest episode!
Things you will learn from listening to this episode:
Stock investing apps:
- Why does it matter and what are the reasons behind its scorching growth?
- What is payment for order flow and what does it have to do with Bernie Madoff?
- What are the incentives and conflicts of interest in the Robinhood business model?
- What demographic factors shape this market in the US and in Europe?
- Who are the main emerging players?
- Does it make sense to start a new company in this space in Europe?
- How can you as a consumer get to trading stocks?
BNPL:
- What is the business model of Klarna, the pioneer of this industry?
- What’s in it for consumers and retailers?
- Why has this business model not taken off in the Baltics yet?
- Who are the likely entrants in this space in Baltics and which major companies can be expected to diversify into this business line?
Highlights of the week
- Our first guest Toms Niparts and Jeff App raises 1mUSD
- Estonian co-founded InsureTech Zego hits unicorn numbers with 1.1bnUSD valuation in the latest round
Find out more on https://www.pursuitofscrappiness.co/