When gaming and financial services collide 💥
Dear Beyond Fintech community,
Happy Friday!
Freshly back from Money20/20 Europe, the event didn't disappoint and I feel I can safely say that a lot of us that attended the event, although looking forward to the weekend for a little rest, are also very much looking forward to meeting again there next June.
As a result, having taken the opportunity to make on the spot recordings at the event, this week is not 1 but 5 episodes we have in store for you.
When gaming and financial services collide with Matthias Kröner
“3 billion people play #videogames - it’s here to stay and people like paying for that service.
“Just compare that to #banking. The banking experience is frustrating, gaming is the pure opposite.”
👀 Watch on YouTube: https://lnkd.in/dBNpggjm
🎙 Listen on Amazon Music: https://lnkd.in/dWemNxmg
🎙 Listen on Spotify: https://lnkd.in/duxts359
And episodes with
Eimear O'Connor, Chief Operating Officer at Form3
"With large organisations, a lot of them aren't keen to continue the status quo. They're all on journeys where they have said 'we need to change'."
🎬 Watch: https://lnkd.in/d-Jc5rjc
🎙 Listen: https://lnkd.in/d3ESeiyW
Scarlett Sieber, Chief Strategy & Growth Officer at Money20/20
"The future is making people feeling safer, making them feel more confident with their money."
🎥 Watch it here: https://lnkd.in/dAu89feg
🎙 Listen on Amazon Music: https://lnkd.in/dQFhxZeG
🎙 Listen on Spotify: https://lnkd.in/das4w8f6
Amos Kater, Head of Products at Currence
"I always say that banks should be careful not to become a money pipe. It may be a purposeful decision to become a money pipe, but there are still opportunities to bring more value and connect with your customers."
🎥 Watch: https://lnkd.in/dYgMFCqb
🎙 Listen on Amazon Music: https://lnkd.in/d5KK2ts8
🎙 Listen on Spotify: https://lnkd.in/dcjwvVsB
Billie Simmons, Co-founder & COO at Daylight
"When you know your #community, the #product will follow."
Watch here: https://lnkd.in/dVvn_t8W
Listen on Spotify: https://lnkd.in/dfmczmYm
Listen on Amazon Music: https://lnkd.in/didzzAZd
Why Embedded Finance Will Likely Herald An Era Of Consolidation
The embedded finance movement is growing at an extraordinary rate. New embedded finance-enabled products and services are being launched every day, and both consumers and businesses are seeing the difference in the way they conduct their finances.
This explosion is driven in part by extraordinary growth in the number of new entrants to the embedded finance ecosystem. The fintech startup scene is now dominated by companies using embedded finance practices to help brands solve consumer problems, alongside new brands with embedded finance at their heart.
Of course, I think this growth will continue. But the medium-term future for embedded finance, and as a result for fintech generally, is, I think, one of consolidation.
Read more about in my Forbes article.
Have any thoughts on this newsletter you would like to share or questions for me? Looking forward to receiving them in the comment section or on Twitter or LinkedIn. Please include the hashtag handles @Beyond_Fintech and mention me @SophieGuibaud. If you know anyone that could be interested in this newsletter, please tag them too!
And finally, you can visit www.beyondfintech.co to see all episodes!
Warmly,
Sophie