Korean - Swedish FinTech mentorship in Seoul, Summer 2017

1. STOCKHOLM -
#HUBBING IN THE
SILICON FOREST
MICHAL GROMEK
RESEARCHER ON FINTECH & CROWDFUNDING
#SE.LINKEDIN.COM/IN/MGROMEK
STOCKHOLM
SCHOOL OF ECONOMICS
JULY 20TH - STARTUP FORUM WITH MAGIC, SEOUL
FOOTPRINTS OF A
STARTUPS SUPPORTS

2. # Researcher on FinTech (SSE)
>>> Behavioral economics, Nethography
# Head. Int. Finance - FundedByMe.com
# Country Head - FinTech Rocket Internet
# Board Member one FinTech company
# Adviser to the CEO of the
Stockholm FinTech Hub
# Trainer Securities Commission Malaysia
## Travel Book author (in the future :)
#GOOD TO SEE YOU
#STAY IN TOUCH: HTTPS://WWW.LINKEDIN.COM/IN/MGROMEK/
HTTPS://WWW.SLIDESHARE.NET/MICHALGROMEK

3. #STAY IN TOUCH: HTTPS://WWW.LINKEDIN.COM/IN/MGROMEK/
HTTPS://WWW.SLIDESHARE.NET/MICHALGROMEK

4. #STAY IN TOUCH: HTTPS://WWW.LINKEDIN.COM/IN/MGROMEK/
HTTPS://WWW.SLIDESHARE.NET/MICHALGROMEK

5. EUR 99+ M. (!)

6. WAKEUP CALL !
33% OF ALL LTD
INVESTMENTS FOR THE
ENTIRE COUNTRY

7. STOCKHOLM
SCHOOL OF ECONOMICS
Stockholm is second only to Silicon Valley,
in the list of regions with the
most billion dollar-valued companies
per capita
SOURCE: CHASING THE UNICORN, A STUDY OF STOCKHOLM MISTY
MEADOWS, STOCKHOLM SCHOOL OF ECONOMICS, 2016
DOWNLOAD FULL REPORT HERE

8. STOCKHOLM
SCHOOL OF ECONOMICS
The scheme of our dedicated support for
FinTech companies in 2015
(education, infrastructure, funding)
on the national, regional and local level

9. STOCKHOLM
SCHOOL OF ECONOMICS
Expectation of the FinTech companies
Source: http://podroze.onet.pl/na-weekend/zamek-w-
malborku-krzyzacka-warownia-na-pomorzu/cvcm5
#FUNDING
#REGULATION
#INVESTORS
#EDUCATION

10. STOCKHOLM
SCHOOL OF ECONOMICS
Reality of the dedicated FinTech support (oversimplified)
by 2015
Source: http://podroze.onet.pl/na-weekend/zamek-w-
malborku-krzyzacka-warownia-na-pomorzu/cvcm5
WHO IS
RESPONSIBLE?
WORKING IN
SILOS

11. CURRENT STATE 2015
# Record High investments 2014 - 2015 (Klarna, Izettle)
# FinTech world organized around payments
# No community around FinTech
# Limited regulatory support
WHEN WE STARTED - JUNE FINTECH REPORT 2015
STOCKHOLM
SCHOOL OF ECONOMICS

12. RECOMMENDATIONS
# Develop a community around FinTech,
# Indices and Metrics to track FinTech,
# Avoid Specialisation,
# Development of FinTech clusters,
# Highlighting the welfare benefits
WHEN WE STARTED - JUNE FINTECH REPORT 2015
STOCKHOLM
SCHOOL OF ECONOMICS

13. #Stockholm FinTech Report 2015 - June 2015
#Stockholm FinTech Update 2016- June 2016
#Chasing the Unicorns 2016 - October 2016
#Informal Networks in Stockholm - December 2016
UPCOMING:
# Stockholm FinTech Report 2017 - Q3 2017
# Swedish FinTech Book - October 2017
# Swedish RegTech, InsTech Report, October 2017
CONTINUES OBSERVATION OF FINTECH
CENTER FOR STRATEGY AND COMPETITIVENESS
WAS FOUNDED IN 2005
AND FOCUSES ON FIVE RESEARCH TRACKS: STRATEGY & MARKET SYSTEMS,
INTERNATIONAL BUSINESS, KNOWLEDGE IN NETWORKS, CLUSTERS, AND
COMPETITIVENESS POLICY.

14. STOCKHOLM
SCHOOL OF ECONOMICS
SOURCE: STOCKHOLM FINTECH : AN OVERVIEW OF THE FINTECH
SECTOR IN THE GREATER STOCKHOLM REGION, HHS JULY 2015
,DOWNLOAD FULL REPORT HERE.
In 1968 Sweden launched the
first online ATM in the world.
Today it is on its path to becoming
the first cashless society.

16. # BREAKDOWN OF A FINTECH COMPANY
# PUBLIC INVESTIGATION INTO FINTECH
# GROWTH OF THE FINTECH SECTOR
# PUBLIC INQUIRY INTO CROWDFUNDING,
SHARING ECONOMY AND FINTECH
# FINTECH ACCELERATION PROJECTS
# CREATION OF THE HUB
# EXECUTIVE AND ACADEMIC EDUCATION
# PUBLIC SUPPORT SCHEMES
# REGIONAL AND NATIONAL FINTECH AGENDA
STOCKHOLM
SCHOOL OF ECONOMICS
PROGRESS ROAD
ACCOMPLISHED BY JULY 2017
IN PROGRESS BY JULY 2017

17. # 22 featured interviews,
# 3049 LinkedIn profiles reviewed,
# June 10th 2017 - last tracked investment round,
# 120 Core-FinTech companies categorised,
# 220+ FinTech allocated businesses in Sweden
# Brexit vs. Stockholmer FinTech,
# Stockholm Green Digital Financial Initiative
# 220+ pages
STOCKHOLM FINTECH REPORT 2017
STOCKHOLM
SCHOOL OF ECONOMICS

18. COMPLEXITY OF FINTECH
CORE FINTECH
SMALL
CORE
FINTECH
LARGE
CORE
FINTECH
REGTECH
BEHAVIOSEC
ATM, CARD
ISSUER, DEBT
COLLECTION
SERVICES FOR
FINANCIAL
COMPANIES

19. STOCKHOLM FINTECH HUB
WHEN NOTHING GOES RIGHT, GO LEFT :)
SOURCE: STOCKHOLM FINTECH HUBS
OFFICIAL PRESENTATION AS OF FEBRUARY
9TH 2017

21. 0
10
20
30
40
50
Item 1 Item 2 Item 3 Item 4 Item 5
STOCKHOLM PATHWAY TO COMPLEX FINTECH
PAYMENTS
EQUITY
COMPLEXITY
VALUE
ROBOADVISORY
LENDING
INT. TRANSFER
WEALTH
MANAGEMENT
BLOCKCHAIN
BASED
INSTECH
REGTECH
GDPR & PSD2
BLOCKCHAIN
BEYOND
BANKING

23. COMPARING WITH EUROPEAN FINTECH LEADERS
FINTECH INVESTMENTS IN ABSOLUTE NUMBERS IN 2016 IN M.EUR
0
125
250
375
500
London Dublin Berlin Paris Stockholm Hamburg
FINTECH INVESTMENTS IN ALL LOCATION BESIDES STOCKHOLM HAVE BEEN PROVIDED BY BOSTON CONSULTING GROUP FINTECH CONTROL TOWER AS OF JUNE 26TH 2017, REPRESENT COMPILING OF
SECONDARY DATA FROM SOURCES LIKE CB INSIGHT. VALUES FOR STOCKHOLM INCORPORATE CORE-FINTECH AND NON CORE-FINTECH DATA IN THE STOCKHOLM GREATER REGION HAVE BEEN THE
RESULTS OF OWN RESEARCH WHILE REVIEWING DIVERSE MEDIA SOURCES, PRESS RELEASES AND INVESTORS ANNOUNCEMENTS AND COOPERATION WITH NORDIC TECH LIST.
EUR 493M
EUR 112M

24. Inspired by Stockholm Economic Graph study (link here)
3069 profiles reviewed!

25. FINTECH INVESTMENTS IN ABSOLUTE NUMBERS IN 2016 IN M.EUR
728 OUT OF 3069 REVIEWED PUBLICLY AVAILABLE LINKEDIN PROFILES OF CORE-FINTECH EMPLOYEES DISPLAYED THEIR COMPLETED FIELD OF STUDY ON THEIR PROFILE. LINKEDIN MEMBERS THAT EITHER
HAVE NOT COMPLETED THEIR STUDIES OR ARE CURRENTLY STUDYING HAVE NOT BEEN INCLUDED IN THIS REVIEW. DATA COLLECTION CURRENT AS OF MAY 2017.

26. FINTECH INVESTMENTS IN ABSOLUTE NUMBERS IN 2016 IN M.EUR

28. AVAILABLE KNOWLEDGE
Presentations, book or this presentation or
online on Slideshare.com/michalgromek for
free, 24h, seven days a week.
HOW TO PROFIT FOR THE EXCHANGE:
FLEX SEATS AT THE HUB
USE ENTREPRENEURIAL EXCHANGES (EU)
DON'T FEAR THE COMPETITION
ASK ABOUT PARTNERSHIPS
SEE STOCKHOLM AS THE GATEWAY TO EUROPE
STAY IN TOUCH (LINKEDIN, TWITTER ETC)

29. STOCKHOLM
SCHOOL OF ECONOMICS
Reality of the dedicated FinTech support (oversimplified)
by 2017. Not a castle yet.
Source: http://podroze.onet.pl/na-weekend/zamek-w-
malborku-krzyzacka-warownia-na-pomorzu/cvcm5
LET DO THIS!
WE DONT
KNOW YET
WHAT WE ARE
BUILDING :)

30. STOCKHOLM
SCHOOL OF ECONOMICS ALL OUR SLIDES ARE ON SLIDESHARE.COM
NEXT STEPS:
STOCKHOLM
FINTECH BOOK
FREE ACCESS, Q3 2017
INSTECH & REGTECH
2017
MICHAL
GROMEK
ROBIN
TEIGLAND
Report release
Fall 2017
Stockholmer