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Michael Pearson

Founder
Clarus Investments
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30 Dec 2006
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LONDON
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Followed by John Sims, Martha Boyle and 5 others you follow
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Michael Pearson

The Profitability Challenge for Fintech Startups

The evidence from a sample of 20 fintech startups in the UK is that there are substantial profitability challenges that still need to be overcome. As of June 2017, the total equity investment in the sample companies I have looked at has been £852m. The total valuation of the sample at the last valuation round for each company was £2.6bn, but none ...

27 June 2017 /startups Fintech innovation and startups

Michael Pearson

The Impact of M-PESA on Bank Performance in Kenya

M-PESA in Kenya is widely regarded as an outstanding success in mobile money. The service has around 17m active customers and in 2016 generated about $400m in revenue for Safaricom, its parent company. It is therefore interesting to reflect on how this success has impacted the banks in Kenya which have largely ceded the basic money transfer market...

18 April 2017 /payments /inclusion Financial Inclusion

Michael Pearson

Assessing the Value Created by Fintech Investment

The amount of investment in venture capital backed fintech companies is well documented but how much value is being created and how does that relate to the value of established financial services companies? There are various sources of data on fintech investment levels but the one we have used is from CB Insights. According to this source, the tota...

14 March 2017 /startups Fintech innovation and startups

Michael Pearson

Innovative Start-Ups: A Comparison of Metro Bank and Funding Circle

If you were investing in a new financial services business in 2010, would you have chosen to invest in a multichannel bank or a disruptive fintech? Metro Bank and Funding Circle from the UK provide us with an interesting comparison. Both companies are regarded as a success, although only one so far has realised any value for investors. You can rev...

28 February 2017 /startups Fintech innovation and startups

Michael writes about

  • payments
  • start ups
  • financial inclusion
  • covid-19

Michael's opinion archive

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