Retired Member
According to the Future of Finance report by Goldman Sachs, 33% of millennials do not think they will need a bank in the next five years[1]. In fact, according to the Millennial Disruption Index, 73% of millennials are more excited about new offerings in the financial services space from the likes of Google, Apple and Amazon. Moreover, 71% would r...
30 March 2015 /retail /startups
Dynamite comes in small packages! The big technology companies may claim Silicon Valley as their de facto domicilium, but several thousand miles east of California’s tech heartland lies a booming tech enclave of epic proportions. Of course the epic proportions reference is a hyperbole of the highest order, since Israel is about the same size as Ne...
10 February 2015 /startups
When Aneesh Varma, a successful entrepreneur, came to this country from the United States eight years ago he landed on British soil with zero financial credibility. Banks wouldn't give him the time of day so securing a loan or credit card was impossible. Aneesh, who's moved from country to country growing up, knows first-hand the effects of credit ...
02 February 2015 /retail /startups Fintech innovation and startups
Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted
If you go to as many conferences as I do in the financial services and technology space (or FinTech for the hashtag friendly) you are used to bumping into the same people over and over again. You are also familiar with looking out into the sea the exhibition hall, and rows of the plenary sessions to be met with a recurring sight. Waves of dark sui...
30 January 2015 /startups
'The universal banking model is dead,' Antony Jenkins, Barclays’ chief executive, told the FT in December. 'It is not all about capital. It is also about investment in technology [...] We believe that technology is going to drive competitive advantage in this industry and you can’t afford to invest in technology in every place — so you have to pi...
19 January 2015 /regulation /startups
The terms ‘challenger bank’ and ‘alternative funding’ were virtually unheard of before 2007. However, in recent years they have started to receive considerable attention, and their importance & influence on today’s financial landscape is undeniable. So, what has happened to raise the profile of this ‘new’ market? Well, quite a lot really. In 20...
09 January 2015 /startups
The majority of startups I meet with are run by young, over-enthusiastic twenty-somethings. They pile in their hopes and dreams to become the next Zuckerberg - it could end in a successful exit, but chances are it will end in failure. Bitnet is a startup that takes a mature approach towards the world of cryptocurrency. Launched in January 2014, th...
07 January 2015 /startups Fintech innovation and startups
Brett King CEO & Founder at Moven
2014 was the biggest year in FinTech by far with billions being invested globally, which is to be expected in a global growth sector. But how much was invested globally in FinTech this year? It depends on how you classify FinTech. StrategyEye estimated that there was $2.8Bn raised in 2014 via venture capital investments in FinTech. However, this do...
24 December 2014 /startups Innovation in Financial Services
If you are inclined to believe the closing party of Sibos is a little too heavy, too boozy and a bit silly, I implore you not to attend Slush. You might have a heart attack. Even considering the drunken-banker antics of Sibos after dark, I would still consider it a family-friendly affair in comparison to this 12,000-strong Nordic startup-madhouse...
08 December 2014 /startups Fintech innovation and startups
Toby Young Chief Technology Officer at Ebury
The fintech industry is booming. Browse through the business pages in any national daily and you’ll likely hear about a fintech startup challenging convention or setting the pace with funding and investment. Recent figures only serve to prove the rapid growth of the sector with deal volumes growing at a yearly rate of 74% since 2008. Start-ups are ...
08 December 2014 /startups
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