Show notes
Herston Powers is co-founder and partner at 1982 Ventures, a Singapore-based venture capital firm that focuses on fintech.Herston says now is a great time for seed investing into new fintech companies in Southeast Asia. He is backing the next wave of founders, many coming out of the region's giant e-commerce businesses.He discusses what sectors of fintech are attractive, the state of fund-raising in today's tough macro environment, and the future of IPO opportunities.Timecodes:0:00 - Herston Powers, 1982 Ventures1:03 - Founding a VC company focused on fintech5:15 - The growth thesis for Southeast Asian fintech startups8:36 - Innovation versus regulatory arbitrage10:39 - Managing the costs of financial compliance11:45 - What differentiates today's fintech founders14:46 - Which financial services verticals are promising20:00 - Helping portfolio companies navigate surprises22:13 - Fund raising from LPs25:17 - Valuations26:36 - Exit opportunities28:11 - IPO prospects in Asia and the US