18/07/2025
💡 Startup speed + corporate credibility = FinTech spinoff.
Last week, participants in the Executive Summer School, organised by the Holland Fintech Association, had the opportunity to hear from experts in the FinTech industry. At the event, Miroslav Hyrman shared his expertise on building and scaling FinTech spinoffs, i.e. startup projects created by 'spinning off' from large corporations.
👉 And what exactly did the audience take away from his lecture?
💬 In fintech, it's not enough to have a good idea.
Even the best product can be a 'zombie' if it's not regulated. In other words, you could have a functional app that customers would love, but which simply shouldn't exist in the real world because it doesn't comply with legal and security regulations.
💬 Speed is not the enemy of security - if you're smart about it.
One technique is called Concierge MVP: instead of programming a complex banking app, provide the service manually to a small number of users initially to see what works best. This allows you to validate the idea without investing millions of dollars and gain a deeper understanding of the client.
💬 Compliance and security should not be an afterthought.
In successful teams, on the contrary, lawyers and security experts participate in sprints alongside developers and product managers. This means development is compliant from the outset, which paradoxically speeds up the entire process.
💬 Data isn't just for reporting - it's a compass.
LTV:CAC? Fraud rate? These are not buzzwords; they are decision-making tools. For example, one startup pivoted from an expensive B2C model to a B2B2C model in time, saving not only its runway but also its viability.
🧭 If you're interested in FinTech innovation, spinoffs and strategic scaling, we highly recommend following Miroslav Hyrman and the projects around Holland Fintech. If you're starting something similar yourself, let us know — we'd love to exchange experiences with you at COPS Solutions