Kate Drew

In this discussion, Kate Drew, a fintech research expert, Aditi Subbarao, specializing in enterprise search, and Rob Haslingden, focused on improving SME finance access, explore some hot industry topics. They delve into the launch of WhatsApp Pay for 500 million users in India, analyzing its competition and regulatory hurdles. The group also highlights a staggering 45% surge in fintech ad spending and the challenges that smaller firms face. Additionally, they touch on initiatives like the Besiktas Super App and the vital role of data in supporting SMEs.

Joining the discussion are Ross Gallagher, Head of Consulting at 11:FS, known for his expertise in leveraging digital innovations, and Kate Drew, Director of Research at CCG Catalyst Consulting Group, who leads efforts to navigate market dynamics. They dive into the upheaval faced by banks post-pandemic and the shift from innovation to securing core operations. Key challenges like inflation and regulatory pressures make the role of consultants vital, exploring AI's potential in community banking while emphasizing the need for empathy in understanding client needs.

Steve Quirk, Chief Brokerage Officer at Robinhood, discusses the company's strong financial performance and the launch of Robinhood Gold, targeting wealth management. Miguel Armaza, General Partner at Gilgamesh Ventures, shares insights on Nubank's new banking license in Mexico, enabling broader service offerings. Kate Drew, Director of Research at CCG Catalyst, highlights Thunes' $150 million funding for cross-border payments and the launch of a UK crypto and AI accelerator by Coinbase. The panel explores fintech trends and the evolving investing landscape.

Sam Maule and Kate Drew discuss Zopa's profitability, Chime's fine, iwoca's funding, and Ant's expansion into Saudi. They also explore the rise of online saving communities and the challenges faced by challenger banks in SME lending. Ant's venture into Saudi Arabia is analyzed for its potential impact on the global payment sector.

Kate Drew, Director of Research, CCG Catalyst, and Martin Sokk, CEO & Co-Founder, Lightyear, join the hosts to discuss Ramp's funding, Lightyear's B2B investment accounts, Goldman Sachs' shift to the ultra-wealthy, Monzo topping the charts, NALA's entry into Nigeria, Flutterwave's IPO plans, and funny banking jokes.