a16z Podcast

a16z Podcast: When Banking Works Like My Smartphone

Jan 29, 2016
In this discussion, Taavet Hinrikus, CEO and co-founder of TransferWise, shares insights on how banking is evolving to meet the demands of today's tech-savvy consumers. He highlights the need for transparency in banking, contrasting traditional services with more user-friendly fintech solutions. The conversation reveals a growing distrust in conventional banks, especially among younger generations. They explore future banking models that may render physical banks obsolete, hinting at an era where managing finances feels as seamless as using a smartphone.
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