Our Future of Fintech 2017 boasted robust data and analysis from luminaries across the VC, startup, and corporate worlds, including from Canvas Ventures’ Rebecca Lynn.
Prior to the conference, we caught up with Rebecca to play a quick game we’re calling “Confirm or Deny” and quizzed her about the industry trends she’s seeing. Check out her responses below:
Marketplace lending as it pertains to startup formation and funding is largely over:
Confirm. Players have already come out. There’s lots of competition in this space and there are already clear winners.
Corporate VCs are increasingly a critical part of the fintech ecosystem:
Confirm. You see CITI, Munich Re, Santander and other corporate VCs becoming a lot more active and are opening the doors for small companies to work with big banks.
The largest independent robo-advisors will see consolidation in 2017:
Confirm. We have already seen that happen when Black Rock bought FutureAdvisor.
There will 1 or more VC-backed fintech IPOs in 2017:
Confirm. A few could go out.
Goldman Sachs is a tech company:
Confirm. With the high volume of data [they posses] and [their] need for low latency, the systems they rely on would have to make them a tech company.
More notable fintech M&A will come from legacy incumbents vs. tech firms (i.e. Intuit, PayPal):
Confirm. You will see both.
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Ranked #23 out of 100 top tech investors on Forbes’s 2015 Midas List, Rebecca Lynn is a Partner at Canvas. She focuses on early-stage venture investments in FinTech, digital health, SaaS, and mobile. Rebecca led Canvas’s investments in FutureAdvisor, CrowdFlower, HealthLoop, and Viewics, and currently sits on the boards of each.