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Christian König is a veteran investment banker who now works as a financial technology consultant and mentor in Vietnam, Europe and Southeast Asia. He’s also the founder of Finanzpro, which operates several news sites devoted to the topic. He spoke with eMarketer about the opportunities and risks in the fintech sector in Southeast Asia, as well as lessons mobile payment providers and other fintech startups could learn from their peers in Europe.
eMarketer: What lessons can financial technology startups in Asia learn from mistakes made by those in Europe?
Christian König: In Switzerland and Germany, there were too many fintech startups that tried to go into the mobile payment space and were then wiped out when the banks entered the market.