Markus Ament, founder and angel investor, talks about Madrid's fintech and crypto scene. He discusses his local ties, his investments across Spain and beyond, the strength of the banking system, and why entrepreneurs are building there.
Well, I think much stronger than in the past. So I'm pretty— I'm here now for the last, what is it, 2 years or 5 years on and off. And it's very different than many years ago. Many entrepreneurs actually building great companies in fintech. There's a vibrating crypto community. I met a lot of people from AI. So yeah, I think the ecosystem here is pretty strong. Well, I mean, for me, Madrid, besides living here, it's obviously one reason. But that said, many of my investments are outside of Spain as well. So that's not the only reason why I invest in Madrid. I like the community here when it comes to fintech and when it comes to crypto. And those are two areas I'm a I'm a little bit knowledgeable because I had a couple of companies in that area. And second of all, I'm investing in those and I think those are future technologies. And why Madrid? Well, I don't know exactly why, but the banking system is here pretty strong. And because of that, I think a lot of fintech happened, of entrepreneurs that came out of banks and want to change things that are broken in banks. And entrepreneurs going into crypto because they see as well how the current banking system might not be ideal. I want to say even a little bit broken. So that's why fintech and crypto entrepreneurs are actually here trying to make a difference.
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