Three Opportunities For Fintech Companies

Recently I attended the Future of Fintech Conference, where a major theme was the disruption of the financial services industry by clouds, machine learning, blockchain, and other technologies. Speakers reflected on how the bigger fish (e.g. NASDAQ, Bank of America, MunichRE) and smaller fish (e.g. Robinhood, Affirm, SoFi) have acted on and reacted towards these phenomena.

Three opportunities for fintechs stuck out from the conference. Read on for what they are.

1. The customer relationship with traditional financial institutions is broken

Harit Talwar, Head of Marcus by Goldman Sachs, cited a survey of 10,000 individuals that broke down the issues customers face today regarding the financial establishment, e.g. large banks, into three factors: