Compliance That Makes Sense

089 - 10 Things I Had to Quickly Unlearn After Leaving PayPal


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There are major differences between working in a large institution and working in a startup environment. Nothing against PayPal, but this episode is all about the mindset shift that I had to make when I left the company and joined the FinTech startup world! 

If you found value in this episode, I would really appreciate if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just click here to review, select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is. 

 

Today's episode:

[01:31] Why you shouldn’t waste time preparing regulatory reviews in a FinTech startup environment (and what you should do instead). 

[02:55] What risk assessments for a startup should look like. 

[03:26] When you need a legal opinion, and when you don’t. 

[04:06] Why there is no such thing as a FinTech/crypto expert. 

[05:22] The importance of not being afraid to make mistakes!

[05:49] Advice for dealing with auditors, bankers, lawyers, and regulators.

[07:05] Mistakes are inevitable.

[07:48] The best way to handle your mistakes.

[08:15] Value in learning to compromise on your product complexities. 

[08:41] Success and size are not correlated in the FinTech startup world! 

 

Show links:

  • Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package!

 

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Compliance That Makes SenseBy Yana Afanasieva

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