April, 3rd 2017: Demystify Fintech: Behind the Scenes.

Minds2Capital sponsored by Lombard Odier and The Deutsche Börse Venture Network invited high quality fintech entrepreneurs and an audience of family offices and investors active in the tech sector to Demystify Fintech: Behind the Scenes.

The idea: traditional financial institutions still have to fight back the “banks 2.0” and show how they can tackle the challenges of disruption through fintech. Our panelists discussed fintech verticals enjoying the most growth and making the most impact behind the scenes e.g. from regulation technology (Regtech), complementary banking services (e.g. digital payments), alternative financial products (e.g. peer-to-peer (“P2P”) lending), to transaction processing platforms (e.g. wire transfer using blockchain technology), and SaaS technologies.

We were joined by the CEOs of highly disruptive companies such as Cardlay, kompany, Melonport, Funderbeam, Sentifi, Fractal Labs and Creditgate24 who shared their views with a well-informed and sometimes challenging audience! During the breaks and the cocktails, family officers, investors and entrepreneurs engaged in discussions on how to make money in a fragmented Fintech marketplace. 

Key Investor Takeaways:

•    There was a consensus among the speakers and the audience about the way digitisation is affecting traditional financial sectors. More than having a confrontation and a disruption, fintech and traditional institutions now need to co-operate. Banks and financial actors seek to integrate innovations coming from fintech businesses according to their individual business needs and the changing regulatory environment.