As many seek to capitalize upon the promises of fintech, the Fintech Consultancy Group (Fincog) assists challengers and incumbents in shaping their future using market research, strategy consulting, and guided implementation.
With expertise in both established financial services and fintech, we bring a fresh and impact-driven approach to creating the most relevant and sustainable solutions tailored to our clients across the globe.contact us
Fincog is driven to better people’s live by improving the quality, cost, and access to financial services. We believe that neo banks are best poised to make this happen. Fincog strives to shape the future of banking by spreading fintech's potential and ensuring sustainable, profitable business models.
We work to truly understand what matters most to our client when shaping solutions that will stand the test of time. Building long-term relationships is important to us, so we focus on the people behind the project. And just as we invest in our clients, we invest in ourselves by continuously advancing our expertise in fintech and neo banking.
Recent projectsNeo Bank Benchmarking Consumer Finance Market Scan Online Lending Proposition for SMEs Business Proposition for a Neo Bank Constructing a Mobile-Centric Retail Bank Project Management for Neo Bank Implementation
Our latest blog articles
Fintechs: Tips for weathering COVID-19
We’ve all been affected in some way or another – whether it is your own or a loved one’s health; living in a country in lockdown; or having a business temporarily on hold or closed. Now more than ever people need support and strategies for staying afloat (mentally, physically, and fiscally). In this blog we share our views on COVID-19’s impact on fintech along with actions fintechs can take in the short-term. While this blog concentrates on fintech in the short-term, a follow-up piece will focus on long-term trends and how fintechs should adjust their course. Read more
Putting Challenger Banks on The Path to Profitability
We previously highlighted that the challenger bank’s revenue and profitability have generally not yet matched expectations. We have performed another benchmark on leading international challenger banks. While it’s a mixture of players, they share that they are all profitable. Our benchmark provides interesting learnings for success. While the path to future profitability differs per player, we have defined four strategic initiatives that challenger banks can undertake to drive revenue and become profitable. Read more
The Profitability Challenge for Challenger Banks
There has been a strong growth of challenger banks in recent years. Despite their strong growth, however, their revenue and profitability are lagging behind. We have benchmarked some of the leading international players on their propositions and financial results. Overall, a less-active customer base combined with a limited product portfolio at lower margins, leaves many challengers with low income per customer and often negative profitability. Read more