The newness of digital-age fintech seems to have worn off. There
is less surprise at the concept of online-only banks, less
indignation at robots giving investment advice, less confusion and
scepticism over digital ledgers and cryptocurrencies. It's like
we all jumped into a chilly pool, went through a period of shock,
and have now gotten used to the temperature of the water. But this
is far from suggesting that fintech companies have become less
disruptive or that their potential has played itself out. Just the
opposite: fintech's most exciting epoch is beginning right now.
My colleagues
at the Khube and I recently attended the Paris Fintech Forum
(PFF) where many of our fintech observations—and a few new
ones—appeared in other people's mouths. Our ultimate
conclusion is that fintech has reached adulthood, and is about to
change our lives in a deeper, more profound way. Read on for the
reasons why we think so.
