"World of DaaS" Daffy CEO Adam Nash - Data and Design in Fintech
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Jul 30, 2024 Adam Nash, co-founder and CEO of Daffy, shares his insights from a robust career in fintech. He discusses the anticipated trends shaping the industry by 2030, including the rise of online platforms and the unbundling of financial services. Adam highlights how Daffy's affordable donor-advised funds democratize charitable giving, contrasting them with traditional options. He also emphasizes the significance of user interface design in building trust within fintech, and discusses the entrepreneurial landscape, offering wisdom for aspiring founders.
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Fintech Trends
- Fintech is moving away from derivative online products towards novel features.
- It's also expanding its focus beyond millennials to other generations and incorporating multiplayer functionalities.
Multiplayer Fintech Example
- Adam Nash cites a startup that helps families monitor older relatives' finances.
- This exemplifies a 'multiplayer' fintech product connecting people in new ways.
Fintech Consolidation
- Adam Nash predicts a consolidation phase in fintech, similar to the web 2.0 era.
- New entrants with large customer bases will likely become major players.