The Global view of the FinTech Ecosystem
The FinTech ecosystem involves a number of different players who all have their own agendas and objectives from the opportunity it represents. Only with a healthy balance of all players can a successful ecosystem be achieved.
Corporates: From telco’s to retailers, many corporates are considering how they can leverage FinTech to improve the services they offer to their clients potentially disenfranchising the other financial institutions.
Professional Services: Professional Services firms are looking to support the FinTech community by mentoring and assisting early stage companies
Regulators: Regulators are starting to understand the impact of FinTech on their markets and protect consumers through appropriate rules.
Investors: Angels, VCs and PE houses are all looking at FinTech as a viable investment
Start-ups: Nimble, innovative and unafraid to fail, startups are disrupting many elements of traditional financial services.
Incubators & Accelerators: Incubators are offering a means for big business to engage and assist young companies meet their potential.
Financial Institutions: Banks are currently determining whether FinTech is a threat or an opportunity – how is it best to engage with FinTech companies and leverage their innovation.
“There is a perfect storm of evolving technology and increased customer expectations that is rapidly changing not only banking, but every industry.”– Bradley Leimer, Head of Innovation, Santander
Join us at The Changing Face of Payments event on the 3 of November 2016, 7:30AM – 1:00PM where we will examine the changing payments landscape in South Africa.