Global vs. Local Focus
Adam shares insights on the challenges of scaling fintech businesses beyond Canada, emphasizing that most successful fintechs tend to dominate local markets. He highlights the lessons learned from Wealthsimple's attempts to expand internationally, noting that investing in a strong local presence often yields better returns than venturing into competitive global markets. Additionally, he points out that while core infrastructure can have global potential, it typically requires a solid foundation in a specific geography before expansion.In this clip
From this podcast
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Adam Felesky from Portage
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