Fintech Insider Podcast by 11:FS

939. News: Chase overtakes Monzo and why falling fintech investment might actually be good news

Feb 24, 2025
In this engaging discussion, Daniel Rose, CEO of Doshi, shares insights on gamified financial education for youth, while Daniel Lanyon, Co-founder of Tramlines, provides updates on trends as Chase overtakes Monzo in popularity. Ruth Foxe Blader from Foxe Capital dives into the decline of fintech investment, emphasizing that it might signal a necessary market correction. The trio explores how partnerships can enhance financial literacy and the importance of innovation in addressing the needs of underserved markets, especially in places like Ethiopia.
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INSIGHT

Chase's Success Factors

  • Chase's cashback program and simple UI/UX contributed to its popularity.
  • This highlights the importance of rewards and user experience in banking.
ADVICE

Banking Can Be Simple

  • Focus on executing well and building trust with customers.
  • Simple propositions can be successful, as demonstrated by Chase.
INSIGHT

Gamified Financial Education

  • Lloyds Bank partners with Doshi to gamify financial education for young people.
  • The platform offers personalized learning, challenges, and rewards to increase financial confidence.
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