On episode 26 I talk with Carlos Torras of Fintech Collective. Fintech Collective is a venture capital firm that partners with founders with vision and persistence – founders with a desire to reshape markets.
I’ve known a few of the investors with Fintech Collective, they truly are a bleeding-edge VC firm. Carlos focuses on one of the world’s hottest fintech markets in LatAm.
We discuss what the LatAm landscape looks like today, how much has changed over the last few years, the impact exits are having on building out the ecosystem, advice for founders, raising capital, and a whole lot more.
Carlos’s journey to Fintech Collective
Fintech Collective targets seed and series A companies
Why they focus on emerging markets like LatAm
The reasons behind LatAm’s digital acceleration
Repatriation of talent has helped expand the ecosystem
Payments is the top of the fintech spear
The urbanization of LatAm has helped fintech
Current successes create pathways to the next group of companies
AUM for LatAm banks creates oligopolistic tendencies
Expression pattern matching is dangerous when it comes to comparing different countries
Crypto has the potential to emerge faster in an emerging market
Best advice is always keep your team first and never, never be cheap with your equity
Nothing replaces human interaction when investing
Carlos recommends reading books written by Henry Kissinger and Red Notice
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.