Making Angel Fintech Investments with Paul Townsend @ Vitesse PSP @ Saxo Bank

Paul Townsend is currently Managing director at Vitesse PSP and a Non Executive Director with Saxo Bank, following over 20 years’ experience in mainstream banking with Warburgs and Bank of New York, plus 15 years in electronic payments with Earthport plc, Neteller, Envoy and Worldpay. Before co-founding Vitesse, Paul was Founder and COO of Envoy Services Ltd. He is also a prolific angel investor with investments in the likes of Kwanji, veridu, proxama and many more. In Today's Episode You Will Learn: 1.) How did Paul make his entry into the world of angel investing? 2.) With such strong experience in banking, how does Paul view the seed stage Fintech environment? 3.) What are Paul’s thoughts on bitcoin and why are banks so skeptical to it’s mass adoption? 4.) With extensive experience in the mobile payments space, where does Paul see room for innovation in mobile payments? Is it a monopoly market with the likes of Square and Izettle? 5.) Paul is also an LP to MMC Ventures, so why are institutional investors in the UK more skeptical to fund allocation towards VC, than say the states? What can be done to improve this distortion? 6.) Paul reveals some war stories from his past investments and how they have altered his strategy to investing? Items Mentioned In Today's Episode: FlyPay (http://flypay.it) , MMC Ventures(http://www.mmcventures.com), Veridu(https://veridu.com), Kwanji (https://kwanji.com), Gousto (https://www.gousto.co.uk) If you enjoyed the show today please do share the episode on Twitter by simply clicking this link: http://ctt.ec/gYXb1 As always, you can learn more about SyndicateRoom here: www.syndicateroom.com “Angel Insights would like to thank Plantronics, who kindly supply the Voyager Edge UD headsets that our investors use during interviews”