The “Fintech” trend started 5 years ago.* Since then, we’ve heard about new startups, the emergence of tech competitors in finance, and also banks investing in technology. But what has been exactly the impact of technology in finance? Is there a real impact, is it too early to say, or is it just hype? My(…)
A few years ago, I wrote about the inexorable rise of Google and Amazon in finance. The conclusion from the piece was “if you prefer fast action and major Fintech disruption from tech powerhouses, then forget Amazon, Google or Apple, and watch Alibaba or Tencent…. Ant Financial, the finance arm of Alibaba, is valued $50bn.” This was 2.5 years ago, and(…)
“The start-ups that have come to dominate the online-lending industry will now have to compete with the world’s largest private-equity firm.
B2R Holdings, a portfolio company of a Blackstone Group fund, said on Thursday that it was getting into the business of providing loans for consumer purchases of big-ticket items as well as small-businesses loans.”
If you liked “Invest in the Disruptors”, you will love “Disrupt the Disruptors”… Goldman Sachs has been a very active investor in Fintech (and Tech in general), with the latest investment in Circle (Bitcoin), but also CompareAsiaGroup (Comparison website for financial services), Oscar (Challenger Insurance) or Kensho (Data analytics for finance) for example. But what(…)