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Gaurav Sharma @Gaurav1105
, 13 tweets, 5 min read Read on Twitter
FinTech Wave 1 (08-18) is ending, and Wave 2 (18-> ) is starting. Exciting times ahead. More innovation likely in the next 10 yrs than the previous 80 yrs. I’ve been writing about big shifts, trends, & strategy. So wrapping 2018 with a thread of some selected tweets/posts. (1/n)
2) China is the "FinTech capital of the world.” : - 700M+ mpay users, pymts vol > $15Tn, Alt-lend ~$300bn+. I spent 2016-17 in 🇨🇳 with a ringside view of the size/scale/on-ground realities for the biggest FinTechs. Here’s a long ( 60+ articles) thread:
3) During 2018, the shakeout in China’s $192 B peer-to-peer (P2P) lending industry accelerated at a rapid clip. In many ways, this regulatory crackdown is a step in the right direction towards industry standardization/clean-up. Long thread:
4) The ‘payment-wallets' in Asia (*ex-china) continue to face ‘the moment of truth. The challenges remain. Opportunity is HUGE. In India & Indonesia, 90%+ micro tranx are 'CASH' based. More details in this long post:…
5) “Look at the whole board” – Bartlet (TWW)
ASEAN countries are very unique and heterogeneous ecosystem(s). Situational awareness is critical to “win the game.” Here’s a post explaining that:…
6) Lending is a ‘hot favorite’ for India and SeAsia. The opportunity is HUGE, but some obvious mistakes are being made. The size/scale of Alt-lenders is minuscule (%TAM) right now. Startups trying to copy the China model will be disappointed. Thread:
7) The marketplace/aggregators in lending business will face an uphill task. Owning COMMUNITY, proprietary DISTRIBUTION, and SCALE is the KEY. Why do I say that? : Here’s a thread:
8) Business-model (re)design requires a deeper understanding of industry category. Lending is older than money and FinTech. It’s a serious business. Tech is an enabler. The only major ‘big shift’ till date= change in ‘distribution & data rails’. Thread:
9) Micro-Wealth/Insurance are hot favorites. The key challenge (opportunity) is to transition existing users- "from part-time savers to longer-term investors." Making money off these first-time/low-income investors won't be easy for WealthTech Co.’s.
10) People who say – “the next AntFIN will come from India"- do not understand AntFIN or FinTech or India. FinTech in 🇮🇳 is only 1% done. The opportunity is huge. Recently completed a 30 day/20 cities field-trip across India. I remain super-bullish.
11) FinTech in 🇮🇳 is just getting started. Very long game, but ultimately worth it. The ecosystem needs to collaborate. Debt Collections will get BIG focus in the coming mnths. Alt-lenders should “read the tea leaves” and understand some unique 🇮🇳 factors:
12) The excitement continues in #Payments. Here’re some important trends (more evident in SeAsia), which are likely to extend well beyond 2019…
13) FinTech ‘rocket’ in Asia (exChina) is moving along the expected trajectory. Some big themes for the next few years:

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