Fintech Insider Podcast by 11:FS 926. Insights: Our 2025 fintech predictions
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Jan 9, 2025 Dive into bold predictions for the future of fintech, where experts discuss the major trends expected in 2025. Unpack the challenges of open finance, including regulatory compliance and consumer trust. Explore the implications of a massive wealth transfer from baby boomers, and how it's reshaping personalized services. Discover the tension between traditional banking and modern debt solutions, and the transformative potential of new technologies. These insights promise to spark thoughtful discussions on the future of finance!
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Wealth Tech Innovation
- Fintech innovation saw some movement in the wealth space in 2024, with new companies emerging.
- Incumbent players like UBS and Credit Suisse are still figuring out their roles in this evolving landscape.
Incumbents Expanding into Wealth
- Established providers like Monzo and Revolut expanded into wealth management offerings.
- This indicates a growing trend towards more inclusive and intuitive wealth products.
Attractive Saving Rates as a Beachhead
- Some wealth management platforms acquired large balances using attractive saving rates, similar to Marcus.
- This strategy may be a way to gain a foothold in the wealth space.