From mobile wallets to neobanks, fintech has completely revolutionized the way we handle our finances. But, Brian Condenanza, an Argentinian fintech investor, believes we’re just scratching the surface. He’s currently diving into the intersection of fintech and impact investing, where financial returns aren’t the only focus — the social and environmental impact of the ventures are just as important. It’s a trend that’s taking the investment world by storm, and Brian’s leading the charge.
In an exclusive conversation, Brian Condenanza spoke to us about the driving factors behind his investment decisions and the approach he takes to ensure the success of his portfolio companies.
1. You have continued to invest heavily in impact investing startups, despite the increased pressure the sector is facing from the growing competition. What are you seeing that others aren’t?
2. Impact investing is a growing industry, and there are many companies that are focused on making a positive impact on the world. However, what sets successful startups apart is their ability to create a sustainable business model that will generate a positive impact for years to come.
I am always looking for startups that have a clear vision and strategy for how they plan to create a positive impact, as well as a solid business model that will ensure their long-term success.
1. From a communications perspective, do you feel it is easier or harder to work with impact investing startups?
2. Impact investing startups often have a strong sense of purpose and mission, which can make it very rewarding to work with them. However, communicating the value and impact of their work to the public can be challenging, as it can be difficult to quantify and measure.
That’s why I focus on working with startups that have a clear and compelling story to tell, and that are able to communicate their impact in a way that is easy for people to understand.
1. Where do you see impact investing in 10 years from now?
2. I believe that impact investing will continue to grow in popularity and importance in the coming years. As more and more people become aware of the urgent need to address global issues such as climate change and social inequality, I think that more and more investors will be looking to make investments that have a positive impact on the world.
I also believe that we will see more and more companies integrating impact considerations into their business models, as they recognize the benefits of doing so not only for the world, but also for their bottom line.
1. You have also been very active in the fintech space. What are the key factors you consider when evaluating a fintech company for investment?
2. There are several key factors that I consider when evaluating a fintech company for investment. First and foremost, I look at the team behind the company. A strong team with a proven track record in the industry is essential for success in the fast-paced and ever-changing world of fintech.
Second, I look at the market opportunity and the size of the addressable market. I want to invest in companies that have the potential to disrupt large and established markets, and have a clear path to scale.
Third, I look at the company’s technology and product. Is the technology innovative and differentiated? Does the product solve a real pain point for customers?
Finally, I consider the company’s go-to-market strategy and their ability to execute on it. A solid go-to-market strategy is essential for success in the fintech industry.
1. What are some of the biggest challenges facing fintech companies today?
2. One of the biggest challenges facing fintech companies today is regulatory compliance. The financial services industry is heavily regulated, and fintech companies must navigate a complex and ever-changing landscape of laws and regulations.
Another challenge is competition. The fintech industry is highly competitive, and companies must constantly innovate to stay ahead of the curve.
1. What industries do you see as ripe for disruption by fintech?
2. I believe that there are many industries that are ripe for disruption by fintech. The banking and payments industries are already well on their way to being disrupted, but I also see opportunities in areas such as insurance, lending, and wealth management.
1. Where do you see the fintech industry heading in the next 5-10 years?
2. I believe that we will continue to see rapid innovation and disruption in the fintech industry over the next 5-10 years. I expect to see more consolidation and partnerships between fintech companies and traditional financial institutions.
I also believe that we will see a greater focus on using technology to improve financial inclusion and accessibility for underserved populations. And finally, I expect to see the rise of new technologies such as blockchain and artificial intelligence becoming increasingly prevalent in the industry.