Covid-19 has interrupted the wave of FinTech (financial technology) that has been disrupting banking and financial services in recent times. However, investors are now more cautious and there has been a flight to the safe havens of cash/gold, with around 40% of FinTechs delaying fund raising rounds. They should be able to find investors when we have passed through the Covid-19 pandemic but only if they tell a new story.
How will FinTechs continue to attract VC interest?
"It will be more difficult as most VCs are now more cautious but the money is still there and they can win VC support, if FinTechs present stronger business models and business plans, not just technology. VCs are looking for different skills and new stories. This means changing the pitch strategy and FinTech must identify niche areas that will benefit from Covid-19."
Ismail Ertürk, Senior Lecturer, Alliance Manchester Business School
An international powerhouse for FinTech research, Manchester’s MSc Financial Management programme will equip you with the said skills to help FinTechs not only survive, but thrive in a post-COVID world. Unique to our programme, the Venture Capital & Private Equity module will equip you with the skills to critically assess FinTech business models, how to seek capital investment opportunities by private equity investors, and provide sound understanding on how to grow business ventures.
Students will also be able to experience the one-of-a-kind Data Visualisation Observatory which offers interactive 3D visualisation of data, monetary flows and stock market behaviours in FinTech.
Coupled with the ‘Management’ aspect of the programme, the advanced understanding of financial and strategic management you will gain on the Business Models and Financial Strategy module will help you find your business’ core, make sound business decisions and create new value that will pique the interests of potential investors.
Now the question is – how do you reach out to these potential investors? Firstly, our workshops in two of Asia’s top financial and FinTech hubs, Singapore and Hong Kong, will present excellent opportunities to develop your global professional network and connect with VCs that you may meet during business luncheons, networking events with industry practitioners and company visits. Â
Secondly, leverage on the business school’s vast network of 60,000 global alumni across 176 countries worldwide. This means that you will have access to a wide array of valuable business contacts that you can tap on.Â
You will also learn other up-and-coming global trends in finance & management that you’ll be able to immediately apply to your organisation through our Career & Professional Development Series, comprising of complementary workshops, seminars, guest lectures and more.
Now accepting applications for the September 2021 intake. Various scholarships available. Apply early to qualify.
You might be interested:
How COVID-19 has impacted our working lives Kara Ng and David Holman argue that the pandemic represents an opportunity to make positive changes in the workplace. You’d be hard-pressed to find someone…
How communities can recover from COVID-19 Alliance MBS has secured funding to support research into the long-term recovery of local communities from the damage caused by the pandemic. The coronavirus pandemic…
