MKB Fintechlab meet-up in Cluj

Last week we had a meeting with the MKB Fintechlab from Budapest where we talk about the future of fintech and banking. After the meet-up, we talked with János Pereczes- managing director at MKB Fintechlab– about fintech, markets, opportunities.

  1. How did all start?

We founded MKB Fintechlab to become a regional hub for fintech startups where they can find the relevant knowledge and connections, first investment and a banking partner if they want to cooperate with a bank.

  1. The last event was in Cluj. How was Cluj? Did you get a good feedback from the start-up community?

Cluj is a wonderful city with an up-and-coming startup community. I admire Cluj for being able to foster entrepreneurs even though most of the corporates and investors are not in the city. Their most important feedback was that our program’s structure is welcomed by their community and our value proposition matches their needs.

  1. Where is your next stop?

On 20 October, we are going to Slovenia to mentor teams in Ljubljana and present the accelerator at the leading blockchain event in Celje, EU Blockchain meetup.

  1. If you were to compare the Romanian start-up community with the Hungarian community which one is more active, more open to innovation?

I think there are a lot of similarities in the two ecosystems – lots of IT talent, available EU funding for innovation, the presence of big corporates and good universities and most importantly, a couple of good exits. I am rooting for both of us and I believe we should cooperate more because even Romania and Hungary added together is still a small piece of the global market.

  1. Recommend us 3 books that everybody from tech world should read.

Zero to One by Peter Thiel

The Myth of the strong leader by Archie Brown

Thinking Fast and Slow by Daniel Kahneman

  1. Any advice for the aspiring entrepreneurs?

If you have a good idea, don’t be shy to go out and validate. If you validate and there is a need for your product, find a business model and a team that you can rely on. If you have found the need, the business model and your team, go 110% and make it a global success.

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