Future of Fintech 2017

Fireside Chat with Vivek Garipalli

Clover Health CEO Vivek Garipalli talks with Bloomberg reporter Drew Armstrong about trends in Medicare, the healthcare exchanges, and why Clover is better position than their competitors. He also talks about Clover’s future plans and their possible foray into the therapeutics space.

Speakers:

Vivek Garipalli, Clover Health

Fireside Chat Kristo Käärmann

Transferwise CEO Kristo Käärmann sat down with Rebecca Blumenstein of The New York Time to discuss the past, present, and future of remittance and payment services.

Speakers:

Kristo Käärmann, Transferwise

Fireside Chat with Harit Talwar

In conversation with Nathaniel Popper of the New York Times at CB Insights’ Future of Fintech, Harit Talwar of Goldman Sachs talked about reimagining financial services with a digital-first focus on customer experience, and what legacy institutions are doing to modernize and build fintech companies from the ground up.

Speakers:

Harit Talwar, Goldman Sachs

Fireside Chat with Kenneth Lin

Kenneth Lin, CEO and founder of Credit Karma spoke with Nathaniel Popper of The New York Times on the company’s future at the CB Insights Future of Fintech conference. Their conversation touched on Lin’s goals for Credit Karma and working with financial institutions to move the industry forward.

Speakers:

Kenneth Lin, Credit Karma

Fireside Chat with Joe Lonsdale

In a wide-ranging chat with Robin Wigglesworth of the Financial Times at CB Insights’ Future of Fintech, Joe Lonsdale talked about the future of American employment, artificial intelligence, and how regulators might encourage fintech innovation.

Speakers:

Joe Lonsdale, Palantir

Fireside Chat with Harinder Takhar

Speaking onstage to moderator Selina Wang of Bloomberg, Paytm CEO Harinder Takhar discussed the company’s recent foray into the North American market and its ongoing collaboration with Ant Financial. Takhar says there is “no impatience” for an IPO among his investors as Paytm seeks to reach 800 million users in India.

Speakers:

Harinder Takha, Paytm

Panel: Reading the Tea Leaves: Trends in Early Stage Fintech investing

Dominic Chu of CNBC sits down with Rebecca Lynn of Canvas Ventures, Satya Patel of Homebrew, and Rick Yang of New Enterprise Associates to talk about developments in early-stage fintech investing at the CB Insights Future of of Fintech conference.

Speakers:

Rebecca Lynn, Canvas Ventures

Satya Patel, Homebrew

Rick Yang, New Enterprise Associates (NEA)

The State of Alternative Lending

Alternative lenders, Howard Katzenberg, CFO of OnDeck, Sameer Gulati, the COO of online lending marketplace Lending Club, and Kathryn Petralia, the co-founder & head of operations at Kabbage, all spoke at CB Insights’ Future of Fintech Conference on the potential of incumbent banks and big tech companies entering the alternative lending space.

Speakers:

Howard Katzenberg, OnDeck Capital (NYSE: ONDK)

Sameer Gulati, Lending Club (NYSE: LC)

Kathryn Petralia, Kabbage

Building the Next-Generation Insurer

In conversation with Sonali Basak of Bloomberg, insurance entrepreneurs from Ladder Life, Metromile, and Lemonade talk about working with incumbents, insurance structuring, the importance of data, and more.

Speakers:

Jamie Hale, Ladder

Dan Preston, Metromile

Daniel Schreiber, Lemonade

Regulatory Responsibility: The Way Forward for Fintech Compliance

Jeffrey Bandman, former CFTC commissioner, and Hans Morris, of NYCA, talk about partnering with regulators as the path forward for fintechs. In a panel moderated by Peter Rudegeair of the Wall Street Journal at CB Insights’ Future of Fintech conference, the panelists cover the impact of the shift in the administration in the US, roadblocks, and potential solutions as both regulators and fintechs navigate the uncertain trail ahead.

Speakers:

Jeffrey Bandman, Commodity Futures Trading Commission

Hans Morris, Lending Club (NYSE: LC)

The Algorithmic Hedge Fund

At the CB Insights Future of Fintech event, Robin Wigglesworth of the Financial Times sat down with Jonathan Larkin, Chief Investment Officer of Quantopian, Christina Qi of Domeyard, and Andy Weissman of Union Square Ventures to talk algorithmic trading and the future of alternative asset investing. Their conversation touched on macro trends and the industry players that are redefining trading.

Speakers:

Jonathan Larkin, Quantopian

Christina Qi, Domeyard LP

Andy Weissman, Union Square Ventures

Panel: Shifts into Wealth Management

To win against incumbent financial services Golliaths, wealth tech startups focus on the ‘bleeding edge of development.’ Jon Stein, CEO of Betterment, Noah Kerner, CEO of Acorns, and Eric Poirier, CEO of Addepar, in a panel moderated by Andy Serwer of Yahoo! Finance sound-off on their customer-centric strategy and expansion plans.

Speakers:

Jon Stein, Betterment

Noah Kerner, Acorns

Eric Poirier, Addepar

Wealth Management

Globally, wealth & investment technology startups or wealth techs have raised over $3 Billion across 321 deals since 2013. Armed with private market funding, this insurgent army of wealth techs are taking on incumbents. Incumbent firms are finally waking up and fighting back after a late start. At stake, the impending multi trillion-dollar transfer of wealth between the Baby Boomers to the Millennials among others. This vignette examines market trends, investments, and other strategic moves in the wealth tech landscape.

Trends in Insurance tech

Insurance tech startups have raised $7.2B across 620 deals since 2012, with four straight YoY increases in deals. Traditional insurance companies – which have been notoriously slow to innovate their products or respond to changing buyer preferences – have also become more active investors in tech startups than ever before. With 2017 poised for a record high in deals to the space (if the current pace of investing continues), CB Insights investigates the financing activity, macro trends, and business challenges affecting insurance tech startups and investors.

Trends in Blockchain

Blockchain and cryptocurrencies are all the rage, as a recent surge in initial coin offerings deployed over $1B of capital to 80+ projects in the first half of 2017 and the total market capitalization of cryptocurrencies skyrocketed to over $100B in June. For comparison, 2016 saw blockchain companies raise (just) $557M across 130 deals. In this talk, we dive into the data to determine what projects startups are working on and where incumbents are collaborating on this new technology, as entrepreneurs and consumers embrace a paradigm shift in thinking about digital value and networks.

Future of Regtech

Globally, regulatory technology or regtechs have raised nearly $4 Billion across 503 deals since 2012. Regtech startups are helping companies decipher regulatory complexities, leveraging AI and data analytics, and proactively identifying and mitigating risk. This vignette will dive into the state of regtech, discuss the 4 phases of regtech development, investment trends, and more.

Fintech in China

China is seeing a boom in fintech investment activity – with $5.1B invested across 53 deals to VC-backed fintech startups in China in 2016 – and Chinese investors funded more US- or Europe-based fintech startups last year than ever before. China’s regulatory environment has also been highly supportive of financial-industry innovation, enabling Chinese internet giants like Alibaba and Tencent to extend their already-popular offerings into financial services. This data-driven report from CB Insights outlines the dynamics of China’s fintech investing market, spotlighting emerging trends in areas such as insurance, credit scoring, B2B AI, and more.

Fintech in Africa

While a lot of fintech activity is happening in developed countries, Africa presents the promise of leapfrogging existing infrastructure by building financial institutions from the ground up. Entire new products and technologies look very different in order to cater to the African market, which is poised to explode in population in the future. We do a data-driven dive at the factors that make Africa ripe for a fintech revolution today and some of the startups and corporates that are making this a reality.

CurrencyCloud

Currencycloud is a cloud-based solution for international payments. The company has packaged its global payments infrastructure — finding exchange rates, transferring funds between two end points and meeting local compliance at both ends — by way of flexible, developer-friendly APIs. Its APIs are used by hundreds of digital and payment companies to build products that allow businesses to pay money to each other around the world; or to enable payouts to individuals.

Nav

Nav, formerly Creditera, helps small business owners access the financing they need to grow and effectively manage their business. They do this giving business owners tools to take control over their credit profile – -offering both personal and business credit data and insights for free. With the goal of empowering business owners with better transparency into their credit lives, the site includes easy-to-read personal and business credit reports, contextual advice and monitoring all in one spot. It also provides tools that help members build business credit and a marketplace that makes it easy for them to use credit to create the business of their dreams.

Stash Invest

Collective Returns, dba Stash Invest, a mobile app offering users a way to invest, based on goals, interests and beliefs. Stash helps people start investing with as little as $5, gain investing confidence gradually, and build smart financial habits for the long-term.

Ezetap Mobile Solutions

Ezetap is an India-based payments processor that is making it possible for any merchant in the developing world to accept any form of payment — credit, debit, mobile wallet, etc. — through a simple, interoperable point. Now anyone with a smartphone, regardless of location, can accept payment, empowering everyone in the developing world to be financially included.

CreditMantri

CreditMantri provides management services to lenders and borrowers. It was created to help consumers take charge of their credit health and to help them make better borrowing decisions. The company aims to empower consumers know their credit potential and benefit from this knowledge. On the website, customers can access their credit scores, learn how they can improve their credit health, resolve past issues, reduce current borrowing costs and in the process discover products best matched to their credit profile. It provides provides borrowers better control over their credit health through a concerted customer focused proposition – one that educates and hand-holds the customer to create or improve their credit scores and eventually discover relevant lender products.

Better Mortgage

Avex Funding, dba Better Mortgage, is a direct mortgage lender dedicated to reengineering the home finance process from the ground up to make it simple, fast, and transparent. By giving customers access to home loan products that meet their needs and arming them with tools and support, Better empowers Americans to achieve their financial goals.