Fundraising is a critical step in the journey of any startup, especially in the competitive field of Fintech. It is a complex process that requires thorough preparation on multiple levels. In addition to ensuring your products and services are up to snuff, the team members and founders must also be prepared to be examined up close by potential investors.

The inability to raise funds is often cited as one of the primary reasons why about 90% of startups tend to fail. If the founders do not have a proper communication strategy and social capital to reach their investors, the business risks adding to this figure.

As a firm that has had successful Fintech funding rounds during different market conditions, we decided to highlight several mistakes that business leaders often make when preparing for a Series A round. Here are the main points to take note of.

Key Takeaways

  • Investors need to clearly understand when they can expect returns from the funds they put into a business.
  • When you consider potential investors for a round, you have to make sure to diversify your options.

Early Stage Startups

  • If you are currently operating with a limited team and tight budget, and spending a significant amount of time pitching to investors and securing funding, you are in the early stage of the Fintech startups.
  • Investors in the early stage of FinTech startups are primarily looking for indicators that the venture has the potential for high growth and a strong return on investment. However, the challenges of limited experience and financial resources can lead to such mistakes as follows:

Not Having Your Budgeting In Order

When you plan to conduct a round, it generally means that you already have a pre-prepared list of potential investors you are communicating with. As a founder, it falls to you to explain to them how much money you need from them, for what purposes, and over what period of time.

Investors need to clearly understand when they can expect returns from the funds they put into a business. Having a detailed picture of how their money is going to be put to use will go a long way in assuring them of your company’s stability in the long term.

On the other hand, it would be bad for you to show uncertainty over how much money your project needs for further development. This lends credit to the idea that you do not have a good grasp of financial planning and don’t have your fundraising round adequately thought out. Such a stance will not inspire confidence in investors.

Solution example: If you need $10 million (as an example), then ask for $10 million and give a satisfactory explanation of why it must be so. Provide detailed data and projected growth patterns when possible. If you have previous results to fall on, all the better – by demonstrating evident traction, you can fit within the schedule you set for yourself.

Pitching to the Wrong Investors

Early-stage startups often lack experience in identifying the right investors, which can result in attracting the wrong ones. Investors with limited experience or interest in FinTech might not fully understand the potential of your solution. Furthermore, targeting the wrong audience can lead to missed opportunities and wasted time.

The solution for you is that you should research venture capitalists (VCs) and angel investors with a proven track record of investing in FinTech startups. Tailor your pitch to their specific investment interests and highlight how your solution aligns with their portfolio.

Weak Pitch Deck and Communication

As an early-stage founder, you can be new to the fundraising scene and lack the experience in crafting compelling presentations and delivering effective pitches. A poorly presented pitch deck or ineffective communication can fail to capture the investor’s attention and adequately convey the value proposition of your FinTech startup.

Here’s the best solution for you: Develop a clear and concise pitch deck that emphasizes the problem you solve, your target market, unique value proposition, and financial projections. Remember to practice your pitch to ensure clear and confident communication with potential investors.

Overly Focusing on Technology without Addressing Market Need

One of the common pitfalls that Fintech startups encounter is the tendency to focus on revolutionary technologies over showing how it solves a specific pain point for the target audience. It’s important to keep in mind that investors are looking for solutions that tackle real-world problems, rather than just being impressed by fancy technology. Therefore, you should focus on clearly communicating the practical benefits of their technology and how it can help their target customers.

Solution: Conduct thorough market research to identify a clear value proposition. Tailor your pitch to address specific customer needs and demonstrate a deep understanding of the financial landscape.

Lack of Regulatory Understanding

It’s common for early-stage teams in the FinTech industry to consist of members with strong technical skills, but without legal or compliance expertise. As a result, they may lack knowledge about the specific regulations that govern their solution. This knowledge gap can make it challenging to navigate the complex regulatory environment surrounding FinTech. Failing to demonstrate a strong understanding of regulations and compliance requirements may also raise concerns for potential investors. Therefore, it’s crucial for FinTech startups to prioritize compliance and consider seeking expert guidance to ensure they stay on the right side of the law.

Solution: Seek guidance from legal and compliance professionals specializing in FinTech. Showcase your understanding of the regulatory framework and how your business model adheres to the necessary regulations.

Series A Startups

  • If you’ve achieved product-market fit with a rapidly growing user base and are now focused on scaling your operations and securing additional funding to fuel further growth, you are in Series A of your FinTech journey.
  • In Series A, investors are looking for FinTech startups with a validated product-market fit, a demonstrably scalable business model, a strong team with a proven track record, and a clear path to capturing a significant market share.

Failing to Demonstrate a Path to Profitability

Investors at Series A are primarily concerned with growth potential and long-term sustainability. A weak financial model lacking a clear path to profitability raises doubts about the startup’s ability to generate sufficient revenue to justify the investment.

Solution: Develop a data-driven financial model that showcases your projected revenue streams, customer acquisition costs, and path to profitability. Be prepared to address investor concerns regarding potential competition and market saturation.

Underestimating the Competitive Landscape

Series A funding signifies a crucial stage for scaling the business. Failing to adequately assess the competitive landscape can lead to overlooking potential threats and missing opportunities to differentiate your FinTech solution.

Solution: Conduct in-depth competitor analysis, identifying their strengths, weaknesses, and market positioning. Develop strategies to differentiate your FinTech solution and address potential challenges.

Limited User Base and Unproven Business Model

While early traction is encouraging, Series A investors seek evidence of a scalable business model.  Relying solely on a small user base or lacking a clear path to customer acquisition can hinder funding success.

Solution: Focus on user acquisition strategies like strategic partnerships or targeted marketing campaigns. Demonstrate a well-defined customer acquisition plan and initial traction metrics to showcase potential for growth.

Underestimating Integration Challenges

Integrating your FinTech solution with existing financial systems can be complex. Failing to acknowledge these challenges or lacking a well-defined integration strategy can raise concerns for investors.

Solution: Develop a comprehensive integration plan outlining the process of connecting your solution with relevant financial institutions and platforms. Partner with established players or consider utilizing open banking APIs to facilitate smooth integration.

Series B Startups

  • If you have a proven product or service with a growing customer base and are now focused on scaling operations and expanding market share, you might be in Series B of your FinTech journey.
  • In Series B, investors are looking for FinTech startups with a validated product, a strong growth trajectory, a scalable business model, a proven team, and a clear path to profitability.
  • Through our experience supporting companies at this growth stage, we’ve identified common challenges that can lead to missteps. These include:

Neglecting Investor Relations

Failing to maintain communication with existing investors can lead to a loss of trust and confidence. Regular updates showcase transparency and commitment, potentially influencing their decision to participate in future funding rounds.

Solution: Regularly update investors on your progress, milestones achieved, and any challenges encountered. Demonstrate transparency and a commitment to keeping investors informed about the company’s development.

Focusing Solely on Fundraising and Neglecting Business Growth

Focusing too much on fundraising can shift attention away from core business activities like developing products, marketing, and acquiring customers. Failing to achieve key milestones and show growth can hinder your ability to justify the valuation you are seeking for your Fintech funding.

Solution: Maintain a balanced approach. While seeking Series B funding, ensure your focus remains on scaling your business, acquiring new customers, and achieving key performance indicators (KPIs).

Inability to Scale Effectively

Series B funding fuels significant growth. Inability to effectively scale your team, operations, and technology infrastructure can hinder your ability to capitalize on the investment.

Solution: Develop a scalable infrastructure and invest in building a strong team with expertise in areas crucial for growth. Demonstrate a clear plan for managing increased user base, data volumes, and operational complexities.

Overlooking Regulatory Scrutiny

As your FinTech solution gains traction, regulatory scrutiny might increase. Failing to anticipate and address potential regulatory hurdles can disrupt your growth plans.

Solution: Maintain a proactive approach towards regulatory compliance. Stay updated on evolving regulations and maintain open communication with relevant authorities to ensure smooth operations.

What Resources Are Available To Help Fintech Startups Founders Raise Capital Successfully?

After gaining an understanding of the mistakes that fintech startups commonly make while fundraising, there are several resources available to assist you in raising capital successfully.

1. Venture Capital Firms (VCs)

Function: VCs are specialized investment firms that provide funding to high-growth startups in exchange for equity ownership.

Focus: They typically invest in Series A and above, seeking companies with significant growth potential and a clear path to profitability.

Top VCs investing in Fintech: SOSV, New Enterprise Associates, Sequoia Capital, Accel, New Enterprise Associates, Andreessen Horowitz, etc…

2. Angel Investors

Function: Wealthy individuals who invest their own capital in startups, often at the seed stage or Series A.

Focus: They might be attracted to innovative FinTech ideas and the potential for high returns.

Top Fintech Angel Investors in 2024: Patrick Collison, Max Levchin, Zachary Peret, Michal Vaughan, etc..

3. Crowdfunding Platforms

Function: Platforms that allow startups to raise capital from a large pool of individual investors.

Focus: Suitable for early-stage startups seeking smaller funding amounts.

Top Crowfunding platforms for Fintech Startups:  Kickstarter, Indiegogo, Seedrs, rowdcube, etc..

4. Government Grants and Programs

Function: Government agencies sometimes offer grants or funding programs specifically for startups in specific sectors, including FinTech.

Focus: These grants often come with specific criteria and application processes.

Top Fintech Grants: America’s Seed Fund, Grants Gov, etc..

5. Incubators and Accelerators

Function: Programs that provide intensive support, mentorship, and networking opportunities for early-stage startups.

Focus: Many incubators and accelerators specialize in FinTech, offering tailored guidance and resources to help startups grow and secure funding.

Top Fintech Incubators and Accelerators:  Plug and Play Tech Center, Berkeley SkyDeck, Forum Ventures, Antler, etc..

Conclusion

The FinTech landscape thrives on innovation, but navigating its stages requires a strategic roadmap. Early-stage startups lay the groundwork, securing funding and refining their product. Series A focuses on achieving product-market fit and scaling operations. Finally, Series B ventures solidify their market presence and competitive edge.

Understanding these distinct stages empowers Fintech startups a lot. You can tailor your approach, attracting investment and optimizing growth.

By strategically navigating each stage, prioritizing product development, building a strong team, and achieving profitability, FinTech startups can revolutionize the financial landscape and secure long-term success. This knowledge empowers informed decision-making, fostering a thriving FinTech ecosystem brimming with innovation.

Fundraising is a challenging but essential process for the success of a Fintech startup. By avoiding the mistakes mentioned above, you can increase your chances of success in fundraising and growing your company.


More related posts from our Fintech blog you shouldn’t skip:

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author avatar

Cong Nguyen

I'm Cong, founder & CEO of Synodus. I have 10 years of experience dedicating my time as a executive, tech enthusiast & thought leader.

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What is low code ETL and how different is it from manual ETL? Learn about its benefits and the suitable platform for different usage.
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Centralize Everything With Low-code Data Integration: Top 5 Tools

Discover the capabilities of low code data integration, its features, competence against opponents, and the top platform to choose.
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An Honest Review of Microsoft Power Apps Low-code

Discover how Microsoft Power Apps low code approach transforms businesses across industries, driving digital transformation and boosting efficiency.
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12 IT Outsourcing Risks and Ways to Manage Them 

Learn the IT Outsourcing risks and challenges. 12 ways to prevent and mitigate the effect of it for better partnership and development.
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Why Low-code CRM Is A Better Alternative For Growth & Retention

Discover the benefits of low-code CRM platforms, how they transform businesses, potential obstacles, and best practices for success.
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Comparison of Low-code Developer Salary Between Countries

Discover the low code developer salary, essential skills to look for, where to hire them and why they are in high demand.
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Top 15 Blockchain Development Companies In the USA

This article explores the top 15 blockchain development companies in the USA (using 8 factors) and the benefits of outsourcing to Vietnam.
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Low code AI is a considerable solution for any business that wants to create functional process automation and good analytics in a short time.
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Curated List of Best 8 Low-code Development Companies In Asia

Discover the top low code development companies in Asia and what set them apart from their peers in other regions in the world.
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Is Low-code Development The Future? What To Prepare For?  

Is Low Code the future? Learn how to leverage this emerging technology to open your opportunities as a business and developer.
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Native vs Hybrid vs Cross-Platform: The Three-Way Crossroads 

What to choose: Native vs Hybrid vs Cross-Platform for your product and software development? Learn more with our deep analysis and comparison
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Fixed Price vs Time and Materials: Which Is Best for Your Budget?

Analyzing how fixed price vs time and materials could fit your firm, avoid cost overrun and underperformed results with our comparison.
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12 Emerging Fintech Trends That Shape 2024 & The Future (+ Statistic) 

Learn the global fintech trends of 2023 and upcoming years with detailed analysis and statistics to bulletproof your business into the future.
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Popular NFT Use Cases In 8 Different Industries To Follow

We all know that NFTs (non-fungible tokens) are digitalized assets being stored...
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Outsourcing Blockchain Development Services: 2024 Guide

This comprehensive article will guide you through how to outsource blockchain development with ease. We provide you with tips and even pitfalls to avoid when outsourcing.
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Best 15+ Decentralized NFT Marketplaces To Check On 2024

Please glance through a list of potential decentralized NFT Marketplaces before making any investments in NFTs, as it really helps to make better investing decisions.
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Essential NFT Use Cases In Financial Services You Should Know

Besides a wide range of possible uses of digital art and sports memorabilia, NFT technology may be used for financing purposes, including NFT-backed loans, insurance, investments, right ownership, debt management, etc. Let’s figure out the NFT use cases in financial services in this article.
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Dynamic NFTs: A Full Guide For Everything You Need To Know

The application cases and functionality of non-fungible tokens (NFTs) have expanded along with their popularity. And the brand-new type dynamic NFTs are also gaining much attention because they can alter over time while many other NFTs are static. Let’s discover every aspect of the dynamic NFTs through the post below.
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The Future of NFTs – What Is Waiting for Us in 2024? 

NFTs (Non-fungible tokens) have unlimited possibilities, which lead to multiple outcomes ahead. Do you wonder what the future holds for NFTs?
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8 Low-code Development Companies In Europe To Work With

Detailed review of the top low-code development companies in EU on their hourly rate, low-code services and industry-focus.
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Low-code & Agile Development: A Match Made In Heaven 

Discover how low code optimizes agile development with rapid deployment and streamlined maintenance for better organizational performance.
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11 Low-code Development Trends That Are Worth Considering In 2024

Learn the top 10 Low code trends to leverage the best strategies and features of this emerging technology in 2023 and coming years
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Prep Yourself With 10 Low-code Challenges (+Tips To Solve)

Actively identifying low code challenges beforehand is one of the wise ways that you should do before leveraging the technology
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Top 10 Custom Low-code Development Companies To Work With

Synodus' list of the top Low Code Development Companies to work with in application development, process automation & digital transformation.
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Top 10 MVP Software Development Company for Your Next Project 

Discover the top 10 MVP software development company and select the best one to transform your ideas into tangible products.
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POC vs MVP vs Prototype: How Do They Differ and Relate?   

Learn the differences between POC vs MVP vs prototype, and how to leverage best of each to create a winning product before launching.
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MVP in Software Development 101: Explain Like I’m 5  

Detailed guide on MVP Software Development: what it is, its types, who to use it, how to develop and measure the success of an MVP
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18 Must-have Low-code Features For High Quality Development  

Our list of all must-have low code features in programming, data analytics and integration for better development and robust application.
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Using Low-code For Enterprise: Benefits, Downside & How To 

Discover the best use cases and benefits of low-code for enterprise in accelerating growth and ensuring sustainability.
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How Does Low-code Workflow Automation Stand Out?

Low-code workflow automation is a buzzword gaining traction in recent years a...
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18 Examples of MVP in Software Development: Learn from Top Brands

Learn from the successful MVP software development examples and use their tips and tricks for your product development and startup launching.
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What Is Low-code ERP & Will It Replace Traditional ERP Platforms?

Is Low Code ERP better and can replace legacy ERP in managing day-to-day business activities effectively, let’s find out with this blog
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The Complete Guide of How To Find The Best NFT Developers (2024 Edition)

Want to find the best team of NFT developers for hire? Then check out this complete guide to find the best NFT developers firm for your business.
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Travel NFTs: Everything you need to know (2024 Edition)

Travel NFTs are quickly becoming the best way to promote tourism-related services. Therefore, we will cover everything you need to know about Travel NFTs.
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How To Start NFT Business With These Brilliant Ideas 2024

Due to the adaptability of NFT, you can practically create NFT business of anything, including music, pictures, films, virtual worlds, etc. Let’s figure out the best ideas on how to start NFT business with our detailed blog post below.
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Top 8 Eco-friendly NFT Platforms That You Want To Know 

It is possible to have environmentally friendly NFTs, and some of eco-friendly NFT Marketplace sprung up last year. This article includes top green NFT platforms you might want to check out.
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10 Best Low Code Development Companies in USA to Hire

10 Best Low-code Development Companies In USA To Hire

Discover the top low-code development companies in the USA and how to choose the best one that suits your company’s goals and budget.
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10 Best Low-code Development Companies In India To Hire

Discover the top low-code development companies in India. Learn how to choose the best future collaborator for your business with our guide.
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Using Low Code In Insurance To Accelerate Business Growth

Insurance businesses are being revolutionized using a low code insurance platform. Discover how to accelerate growth and streamline processes with low code!
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Potential Of Low-code In Healthcare For Digital Transformation

Low code healthcare platforms are gaining more attention by empowering the industry with automation and modern applications.
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Utilizing Low-code For Customer Services To Improve Metrics

Learn how organizations utilize Low Code for Customer Services to gain advantages and the top platforms to use
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How Low-code Empower Citizen Developer In Digital Transformation

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How Low-code Make A Breakthrough In Financial Services?

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What are NFT Games And What You Don’t Want To Miss Out?

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A Detailed Guide On Web Application Development Services

Detailed guide on the process, types, where to start, and who to hire for high-quality web application development services.
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7 Low-code Examples & Use Cases From Top Brands

Low code technology is rising with top enterprises leveraging it for tech innovation. Here are 10+ low code examples to learn from.   
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25 Best Low-code Platforms for Startups, SME & Enterprise

Low code platforms are on the rise in 2023. Discover the best low code platforms for Startups, SME, Enterprise & Developers.
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Top 20+ Open-source Low-code Platforms On GitHub (with comparison)

List of 21 best-to-use open-source low code platforms on GitHub, where million developers collaborate to shape the future of software.
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Quick Comparison Between Low-code Vs High-code: Which Wins? 

A precise comparison between the uses and features of low-code vs high-code to help you make better decision on digital transformation
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What Is Low-code Development And Why You Should Care?

Explore the new low code technology, its features, how it differs from the traditional counterpart and use cases in certain industries.
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Low-code vs RPA: Which Is Better For Fast Workflow & Management?

To optimize the operation workflow and your business management, which is better: Low Code vs RPA? Read our detailed comparison
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Low-code Vs No-code: The Right Choice For SME And Enterprise

Discover the difference between low-code vs no-code and how to make the right decision: which is best to use in the future for your industry.
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Progressive Web App vs Native App: Which is better?

Learn the differences and similarities between Progressive Web App vs Native App & Which is better for users, developers & businesses
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List of 6+ Gaming NFT Marketplaces That You Must Check On

Believing in the future of NFT Gaming? If yes, let’s stay ahead of the pack by checking out some of the best gaming NFT marketplaces out there and how to build one.
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Breakdown The Benefits & Disadvantage of Using Low-code  

The larger the enterprise, the larger the workload of the development team....
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11 Best Web Development Stack for robust web & fast deployment  

Choosing the best web development stack is a critical first step in...
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What is MEAN Stack in Web Development & When To Use It?

Using a tech stack can shorten the development time as it provides...
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Top 15+ NFT Marketplace Development Companies To Partner With In 2024

The leading NFT market developers who have distinguished themselves in the blockchain...
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7+ NFT Marketplaces Without Gas Fee To Save You Money

While adopting NFTs into a day-to-day investment, gas fees might be considered...
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Developers can leverage different tools, frameworks and even web development stacks to...
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40+ Open Source Web Development Tools Every Dev Should Know

Rapid web application development tools (open-source) make it easier for programmers to...
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6+ Fashion NFT Marketplaces: Which Are The Best For Fashion Enthusiasts?

Fashion - in general - is going places. Therefore, blockchain-related things might...
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Single page application and SEO have been in dissonance as most SPAs...
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Progressive Web Apps Technical & Security Checklist

Finishing developing your PWA feels like a huge achievement. Yet, ensuring it...
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15 Best Database for Web Applications and Development in 2024  

Database for Web Applications and Development is required to ensure the functionality...
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What is Website Database: Types, Examples & How It Works

For a website or web app to work, a website database is...
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NFT Photography Marketplace: All You Need to Know

NFTs (Non-fungible tokens) have undeniably been talk of the town lately. The...
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What are Progressive Web Apps: Architecture & Benefits Explained

A new door has opened for companies to engage with their consumers...
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AMP vs PWA: Which one is better for your website performance?  

The web world is getting more advanced with innovative technologies that help...
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NFT Jewelry Marketplace: An Experience or A Real Investment

NFTs (non-fungible tokens) have revolutionized many industries, including art, game, and sports....
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Wine NFT Marketplaces: Investing wisely with 4+ Marketplaces of Wine NFTs

It’s hard to think about the combination between wine and NFTs, yet...
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Real Estate NFT Marketplace: Everything You Need To Know

The NFT sector of the crypto economy is flourishing. Gradually the NFT...
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Best Progressive Web Apps Examples to learn from in 2024 

Since the Internet has accelerated in our society, businesses have been in...
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Top 10 Web Development Tools for Android to use on the go  

Building and maintaining a website isn't an easy job. Anything can comes...
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The List of 28 Best Front-end Web Development Tools 

Front-end development tools facilitate the creation of visually attractive websites and applications....
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What is Web Application? How it works? A Detailed Guide 

Web application has been around us for a long time, from the...
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What questions to ask a web developer before hiring: 25 Q&As

Many businesses are developing or enhancing their existing websites to digitize their...
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9 Open Source NFT Marketplaces With Code on Github

As we all know, open source NFT marketplaces, like any other marketplace,...
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Best 25+ WordPress NFT Themes For Elementor In 2024

Building NFT Wordpress site is such an efficient approach that artists, creators...
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How to create your own NFT Marketplace (10 steps with tutorials)

Maybe you have heard about blockchain and NFT marketplace, but do you...
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Top 12 WordPress NFT Minting Plugins In 2024

Today, if you don't move forward, you've gone backward. As a participant...
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Best 32 Back-end Web Development Tools for a strong Website 

Working as the brain and backbone of a website, the back end...
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Best 25+ Music NFT Marketplaces To Sell And Buy [2024 Edition]

Music NFT marketplace has changed the mindset of music lovers, as creators...
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Difference between Single Page Application vs Multi Page Application  

With many advanced web app technologies to choose from nowadays, it might...
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TOP 15 NFT Analytics Tools That Investors Should Use in 2024

NFT Analytics Tools are the best ones for not only NFT individual...
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Single Page Application: Definition, Benefit, Architecture & Example

With the growing number of websites and Internet users, the requirements for...
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Best 23+ NFT Marketplace WordPress Themes For Your Consideration 2024

Non-fungible tokens (NFTs) are of the hour now and then, which have...
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Quality Assurance in Web Development: Benefit, Checklist and How to do  

Quality assurance in web development must be performed regularly, during and even...
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Top 11 Best Mobile Web Development Tools to use in 2024

It’s not hard to notice that most companies are investing in developing...
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Difference between Single Page App and Progressive Web App    

Web applications are becoming increasingly popular due to their engaging user experience...
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NFT Marketplace Aggregator – Definition, Benefits & How it works

NFT exploded, became the focus, and now is no longer a strange...
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NFT Royalties: A Definite Guide On How It Works

NFT Royalties are the crypto payments (typically a percentage of the sale price)...
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Top 15 Web Development Programming Languages To Use In 2023 

You must be able to code whether you want to work full-time...
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Top 15 Best Art NFT Marketplaces Designed for Artists 

As NFTs have been in the limelight during the past years, NFT...
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What are ICO, IDO and IEO in Crypto?

When it comes to creating innovative ways to kickstart projects and raise...
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STO Vs ICO: Analysis and Comparison

Many have known that influential firms such as Tesla, Mastercard, BNY Mellon...
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Web Development Guide For Business And Beginners: Where To Start?

You might have heard someone say Web Development is dying. But the...
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Power your Web Application with 12 Best to use Frameworks

Web Application isn't something new. Thousands of companies have leveraged this technology...
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NFT Marketplace Business Model: How Does It Work?

“How do NFT Marketplaces make money?” you might ask. Imagine that you...
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Review Of 10 Best Progressive Web Apps Frameworks & Technology

Although it took some time for the idea to gain traction, the...
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10 Best Single Page Application Frameworks In 2024 With Examples 

Choosing the suited single-page application framework is important because the wrong one...
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How To Estimate NFT Marketplace Development Cost

“How much does it cost to build an NFT marketplace?", “What is...
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15+ Good UI Design Examples From Top Brands To Learn From

UI design describe a digital product's appearance, feel, and operation. It's a...
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Mastering UX Design Process & Tips To Work With Design Team 

If you're wondering how to start a UX design process that works...
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Excel in UI Design using Smart Workflow, Tools and Guidelines

A standard UI design process and principles must be followed to create...
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How To Attract & Retain Senior Developers To Navigate The Top Tech Talent Shortage

Table of Contents[Open][Close]1. Top Tech Talent Shortage: Overview, Statistics, And Explanation1.1. Overview...
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Top 8 Must-have NFT Marketplace Features That You Need To Know

Defining must-have NFT marketplace features is the indispensable yet hardest part of building an...
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Avoid these 15 Bad UI Design Mistakes (With Examples)  

When designing the user interface for your mobile app or web, all...
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UX design is one of the most important aspects of website building....
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20+ Requirements To Build An Impactful eCommerce Website

A website is extremely important for an eCommerce business since it's the...
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25+ Best Web Development Tools & Software To Use In 2023

Web development tools make it easy and more efficient for developers (even...
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How Long Does It Take To Build An eCommerce Website ?  

Building an eCommerce Website can be a daunting process. There are thousands...
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Breakdown the Cost of eCommerce Web Development 

How much does it cost to develop an eCommerce Website? Well, the...
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Real Estate Web Development: Cost & How To

The goal of realtors has long been to place classified ads in...
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Unraveling The Top 15 Web Development Platforms In 2024

If you're struggling with building a website, many web development platforms in...
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eCommerce Web Development: Benefits, Types And Simple Steps  

The global online market has witnessed a surge in online sales revenue...
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Blockchain Developer Salaries Around The World [2024 Edition]

Are you curious to know about the average blockchain developer salaries around...
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Top 10 Frameworks for seamless Web Development  

Web development has now become an integral part of any business. Choosing...
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12 Web Applications Examples to learn for your web development

With the increased internet usage, web applications might be a good start...
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Every business wants a website nowadays; it’s one of the most common front...
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New Strategic Partnership Announcement: ANATICS x SYNODUS

Hanoi, Sep 19th 2022 We are thrilled to announce our strategic partnership...
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5 KEY TAKEAWAYS IN BLOCKCHAIN TRENDS 2023

Blockchain has become the talk of the town lately, and it is...
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The Ultimate Guide Of Retail Analytics: Definition, Types and Examples Included 

In the fiercely competitive retail sector, retailers and chain managers are embracing...
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Leveraging Predictive Analytics In Excel For Sales Forecasting: How To Do It  

Sales forecasting has a substantial role in every business's success when making...
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Predictive Analytics: A Detailed Guide With Benefits, Models And Examples 

Predictive analytics is suggested to be a vital tool for businesses in...
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Top 10 User Behavioral Analytics Tools And A Complete Guide To Choose One

Behavioral analytics tool is changing how businesses become more profitable and serve...
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What Is Behavioral Analytics? Definition, Examples and Tools 

Every mouse click and movement on the screen reveals something about the...
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3D Data Visualization: What Is It, The Do And Don’t, And The Tools You Need

Data visualization is a must for every data scientist and business to...
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Turning 10-Year Data Into A Single Source Of Truth With Boody  

Table of Contents[Open][Close]Who Is Boody?How They Came To Us Here Are Key...
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Data Analytics for Marketing: Benefits, Tools and Top Brand Examples  

Marketing data is everywhere. Yet, the most valuable insights are usually wrapped...
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Data Monetization: A Complete Guide 

You may hear that data is a treasure that will do you...
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Success Story of The ICONIC: Leveraging Customer Analytics To Become A Fashion Giant

Table of Contents[Open][Close]Part 1: A Brief History Of Multi-millionaire Empire: How It...
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Artificial Intelligence 101 and AI in E-Commerce

A survey by Statista showed that 70% of decision-makers in the e-commerce world assumed...
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Top 7 Data Security Best Practices

This blog will explain definition, common security threats and best practices for...
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Top Ecommerce Consulting Companies & How To Choose One

While some firms can build an eCommerce business themselves, others turn to...
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In-store Retail Analytics: Definition, Benefits, and Use Cases 

When mentioning analytics in business, we often think of sales figures and...
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Data Strategy: A Definitive Guide

A data strategy helps companies know how to manage and analyze data...
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Retail Analytics Courses, Books & Reports: Resources for your knowledge

It is crucial for retailers and those who are enthusiastic about retailing...
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Audio: The Future Of Retail Analytics (Top 10 Trends In 2023) It's...
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Sentiment Analysis: A Comprehensive Guide

The power of Natural Language Processing (NLP) enables organizations to implement sentiment...
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What Is A Data-Driven Culture and How to Create One?

One of the major shifts in today’s business world is the transformation...
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What Is Data Visualization And Why You Need This?

We live in a world of Big Data, in which data visualization...
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As the value of data visualization has become widely recognized across companies...
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What is a database? What is a data warehouse? What are the...
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What Is Database Schema? Types, Benefits, Terms Explained

In this blog, we’ll go further into database schema including database schema...
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Data Warehouse Costs: 3 Important Elements to Consider 

It’s essential to select the right data warehouse, business intelligence, and analytics...
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What is a Data Warehouse? Definition, Benefits, Structure

In today's fast-paced and highly competitive business environment, the ability to leverage...
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What is Cloud Data Warehouse? Benefits, Features & Solutions Compared

The growing demand for data warehouses as a service is propelling the...
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Data is gathered at regular intervals from source systems such as ERP...
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Top 10 Impactful Data Visualization Benefits

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Data Analytics for SMEs: What You Should Know

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How to Identify Bad Data and 3 Excellent Ways to Improve Data Quality 

Do you know that 2.5 quintillion bytes of data are generated every...
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The world has changed since the introduction of data warehouse. Data warehouse...
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Inventory is the most important section of a company, ranging from different...
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Retail Location Analytics | Definition & Use Cases 

Retail Location Analytics supports businesses with robust conditions to directly approach customers,...
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10 Most Reliable KPI Tracking Software Worth Your Consideration 

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8 Best Free Google Analytics Tutorials for Beginners and Experts

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How to Boost Conversion Rates With The Use of Retail Analytics

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Data science employs specific methods, processes, algorithms, and systems to draw insights...
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Detailed Customer Feedback Analysis Guide 2024

Customers have been leaving feedback more than ever before, and businesses amass...
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