Fintech

I often feel bad for not having started a FinTech start-up myself. It’s not that I haven’t thought about it or had the ideas, it’s more to do with that I like to talk and write rather than do anything. Those who can’t, teach! Nevertheless, it’s not like I haven’t started businesses – the Financial…

In the midst of Brexit plans and a Covid pandemic, the UK Government launched a FinTech review chaired by Ron Kalifa. I’ve met Ron at a few conferences, when he was CEO and then Chairman of WorldPay and will find it interesting to see what he finds. “The intention of this review is to establish…

I was pretty surprised to find that many of Robinhood’s account holders are very young, with an average age of 31. It is probably why they pile into anti-Wall Street stock movements and they are not the only ones. See this from Reuters: Apex Clearing, which helps facilitate trades for brokerages, said the nearly 6…

I’m working on a new book project. You might have spotted the themes in my recent blog entries but, if not, it’s all about purpose. The tagline is: if you don’t stand for something, you fall down, and is focused upon stakeholder capitalism. ESG, CSR and all that stuff and more. So, I’ve been watching for leaders who talk about…

It’s interesting that the UK regulator, the Financial Conduct Authority, came out with its review of the Buy Now, Pay Later (BNPL) economy, and the media started comparing Klarna with Wonga. I’ve blogged in-depth about both in the past: Whatever you think, Wonga is doing well, July 2013 The Finanser Interviews: Niklas Adalberth, Co-Founder, Deputy…

I have been involved in a number of small businesses that have started up over the past twenty years: The Financial Services Club, The Finanser, The Portrait Foundation; as well as some that are bigger: 11FS. Interestingly, every start-up I’ve been involved with has had a terrible time with opening a bank account. Forced to…

Someone asked me to elaborate on the links between banks, government, the economy and society, and this was well illustrated by the video I shared the other day of James Pierpont Morgan, who founded the JPMorgan empire (see end of this blog entry). That all began with learning the banking ropes in Europe; then enabling…

It’s a big moment when one of the most respected bankers in the world Jamie Dimon, Chairman and Chief Executive of JPMorgan Chase which is one of the most highly valued banks in the world, says that he is “scared shitless” of FinTech. This is a $3.4 trillion banking goliath but, when asked his views…

As regular readers will know, I quite like Global Processing Services (GPS), the payments processing firm behind many of the leading FinTechs I deal with. So, when they sent me their views of 2021 trends for FinTech and payments, how could I resist? Enjoy! Four Predictions for Fintech and Payments in 2021 by Richard Hodgson,…