ACQ2 by Acquired TradFi vs. Crypto, Explaining BNPL, and What's Next in Fintech (with Bain Capital Ventures' Christina Melas-Kyriazi)
Mar 10, 2022
Christina Melas-Kyriazi, a Partner at Bain Capital Ventures, brings her fintech expertise to the table, having shaped the Buy Now, Pay Later space during her time at Affirm. She discusses the evolution of BNPL, offering insights into its benefits for consumers and retailers alike. The conversation dives into the divide between traditional finance and the crypto landscape, highlighting trends that shape both worlds. Lastly, she shares thoughts on the role of personal relationships in the venture capital arena and the impact of community engagement on fintech startups.
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Fintech Camps
- Two camps exist in Fintech: Web2 and Web3.
- Specializing in one is crucial due to Web3's technological and network specificity.
Crypto Adoption
- Crypto adoption remains low despite significant venture capital investment.
- Current use cases primarily revolve around speculation and meme stocks.
BNPL Innovation
- BNPL's key innovation lies in its point-of-sale distribution and installment-based model, unlike open credit lines.
- This allows profitable micro-loans and empowers retailers to offer credit to wider customer segments.