Articles by Ivo Gueorguiev | Startups Magazine

Ivo Gueorguiev

Ivo Gueorguiev is Co-founder and Executive Chairman of e-money service provider Paynetics. He is a seasoned investor and banker who co-founded а pioneering retail banking group in Central and Eastern Europe. Before that he helped establish a new financial era in post-Cold War Central & Eastern Europe. A business builder rooted in financial services, he is currently on a mission to redefine payments, including enabling 35 million financially underserved (micro) merchants across the EU to accept card payments on their phones through the first ever purely software POS solution. He built from scratch a group focused on retail banking in CEE, and was previously a senior banker at the EBRD."

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Has the fintech boom ended?

Over the past eight years, fintech has experienced a remarkable surge, with disruptors challenging traditional finance and instigating a wave of customer-centric innovation. However, the fintech domain now confronts an unprecedented challenge, as it can no longer remain immune to a tumultuous and deteriorating macroeconomic environment.

Bulgaria’s knocking: there’s a new startup hub in town

The 23rd of June this year marked four years since the UK’s EU membership referendum, and the rest of 2020 will likely see some decisive action on the UK’s intention to leave the EU as a result. Much has been written over the last four years about the UK’s currently gilded status as the preeminent global hub for financial services and fintech, and the risks of the UK losing this status to another European competitor once Brexit happens.