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Caroline Vaughan
Vice President Financial Services
Caroline Vaughan is the Vice President of Financial Services at Pangea, based in New York, New York. She has a strong educational background, having attended the University of Virginia Darden School of Business. On LinkedIn, she is noted for having over 500 connections, indicating a robust professional network. Her profile highlights her experience and role within the financial services sector at Pangea, showcasing her leadership in this field.
Highlights
FinTechTime fintech in MEA report out. My key takeaways
✅ Value of the FinTech in MEA industry set 300 billion. Fintech is making impact across MEA and wider overall story of bringing financial inclusion for both the unserved and underserved. ☑ Turkey 15billion - grown at rate of 14% per year ☑ SubSaharan Africa is estimated to be contributing 150billion to the regions GDP ☑ Israel, 11% of the countries GDP ☑ The Arab world, fintech is estimated to be 15billion. ☑ MENA and African continent have seen groundbreaking records with $2.6 billion in 2021 for the former and the latter raising $1.8billion in just the first two quarters of 2022 alone.
✅ Neo banking: while still in their infancy compared to much of the world (Especially Europe and US), no banks are playing a grown role in MEA region.
☑ What could be unique in MEA is that neobanks have been adopted by banks themselves, where they have launched and or acquired them. Eg Liv by Emirates NBD or MashreqNeo by Mashreq al-Arabi Bank. Independent neobanks such as NOW Money and Rise or dopay from Eygpy, which partner with a bank to operate via a banking licence. NOW Money partners with Commercial Bank of Dubai, Rise with United Arab Bank and dopay with Barclays and Visa.
#globalfintech #fintechabroad
Full report here: https://lnkd.in/exmKuEFa
Great piece Sadia Nowshin re Europe’s highest-valued startups that made the move to America; Using Dealroom.co data, Sifted tracked 358 startups founded since 2005 that began in Europe and later moved their HQ to the US.
✅ The biggest portion of companies are working on SaaS, representing 22% of the list. Fintech was the second most popular sector for migrating companies and healthtech took a tight third place. ✅ 15% of companies on the list, according to Dealroom, began in Ukraine before moving to the US — the highest compared to any other European country. ✅ France and the UK, respectively, had the the next highest tallies of stateside movers.
https://lnkd.in/eehHGNqT
#FinTechsGoAbroad #FinTechScale #Saas Pangea
