Brian C. Winters’ Post

Reflecting on the incredible #transformation that has unfolded in the financial services industry over the past decade. Despite recent slowdowns, #fintech's innovative spirit continues to drive economic growth globally. The market capitalization of publicly traded fintech firms doubled to $550 billion between 2019 and July 2023, highlighting the sector's rapid evolution. Fintech has not only reshaped the industry but has also pushed traditional institutions to embrace digital-first strategies. Fintech's use of technologies like machine learning, AI, and predictive analytics to enhance financial decision-making is truly inspiring. As Asia and Europe emerge as key fintech hubs, it's clear that the sector's global impact is only just beginning. Here's to another decade of innovation and growth in fintech!  #Fintech #Innovation #FinancialServices #LIPostingChallengeIndia

#innovation in #AI is driving success in #Fintech This means more international solution choice to be available. Suite2Go helps business to understand the world of technology in #Payments and #financialservices.

Five AI-driven fintechs to watch Banks and investors are evaluating AI-driven startups for long-term growth opportunities.   “Investors are keeping close tabs on AI-related innovation,” Isaiah Payne, managing director at investment banking firm Jackson Payne Investments, told Bank Automation News at Finovate Fall 2024.  Global AI funding hit a record high in the second quarter with a 59% increase quarter […] The post Five AI-driven fintechs to watch appeared first on Bank Automation News. https://lnkd.in/giPRQKVh via Bank Automation News https://lnkd.in/gmCUTF5c September 13, 2024 at 02:10PM

Rich Data Co brags a $9 million investment for its AI lending solution #RichData, an innovative Australian #fintech AI decisioning platform for business and commercial lenders, has recently secured a $9 million investment from Acorn Capital Management, a firm renowned for supporting emerging companies. This funding is a strategic move designed to accelerate Rich Data's expansion into the North American market, where the demand for advanced AI solutions is on the rise. Founded by CEO Ada Guan, Rich Data Co. (RDC) specializes in cutting-edge AI decisioning tools that enhance banks' risk management, lending strategies, and regulatory compliance. This technology is essential for banks aiming to improve operational efficiency and decision-making processes. The recent partnership with nCino and the onboarding of its first U.S. client, M&T Bank Corporation, underscore RDC’s growing influence and capability in the North American financial sector. The new investment will bolster RDC’s presence in North America and support its broader strategic initiatives. This funding round extends RDC's successful Series B round, which has now raised a total of $37 million, including a notable $28 million closed in November led by Westpac and nCino. Acorn Capital's backing not only provides financial support but also strategic guidance, essential for RDC’s rapid scaling and international growth. Andrew Burt, Investment Director at Acorn Capital, highlighted RDC's strong product-market fit and sustainable competitive advantage, emphasizing their potential for significant growth in both the Australian and U.S. markets. Ada Guan expressed her gratitude for Acorn Capital's investment, noting their impressive track record in scaling companies rapidly. This partnership is poised to enhance RDC’s capability to innovate and deliver top-tier AI solutions to financial institutions, further solidifying its status as a leading provider of AI decisioning platforms in the global banking sector. The article on FinTech Global in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://lnkd.in/d4h8zqKA  - Substack: https://lnkd.in/dzfGJzmW

We may be at the scary part of "the hero's journey" cycle in fintech, says Matt Harris, but we're about to enter a new, exciting stage. Matt's annual state of fintech presentation is always a highlight of the Fintech CEO Summit we cohost with Nyca Partners, and you can find a video of the full presentation, along with a transcript and accompanying slides, here: https://lnkd.in/eSzSFxUB Some highlights: 🏀 We are bouncing along the bottom when it comes to fintech funding and deals. But we're no longer in a downward trajectory. 🚨 Regulators, still hurting from the Silicon Valley Bank crisis, are waging war on banking-as-a-service (BaaS) and the collapse of Synapse is a historic disaster. 🌅 But the other side of the hero's journey is appearing on the horizon, and provides a set of lessons for fintech companies. We can say goodbye to middleware BaaS, the era of regulatory arbitrage and the days when a fintech could be mainly “fin” or mainly “tech.” 🏦 Meanwhile, banks’ net interest margin revenue models are facing an existential crisis over the next five years due to generative AI, and that provides founders with big opportunities to build interesting businesses. One big area of opportunity is in financial services, with what we’re calling “thick wrapper” fintech, and we also look ahead to another previously taboo topic, the appeal of M&A. As Matt says, it's not fun to be in the "death and rebirth" part of the hero's journey, but the fog is lifting and a new era of fintech is dawning.

Young talents, AI is the Future. Unlimited opportunities are waiting for you. Learn, Explore. #Ihubshool Banking is arguably the only industry that will remain sustainable and unaffected by any pandemic. The simple logic is that people will always have financial needs, regardless of circumstances. #founderstalk #startup #fintech

#AI and #Payments is leading the emerging #fintech story. Are you ready to #unleashYourCareerInPayments Ashley O'Reilly Braden Cobb John Ryan Rahul Bhargava Brian McGlennon Sean O'Sullivan Sam Shaper #101inPayments #CareerInPayments

The Future of Fintech: 6 Trends to Watch in 2025 🌟 As we move into 2025, the fintech landscape is set for exciting transformations. Michael Galvin, co-founder of Toqio, shares his top predictions for the year ahead, covering key trends in AI, embedded finance, regulatory changes, and more. Read the full story here: 👇 https://lnkd.in/ePwkHxZx #Fintech #AI #DigitalBanking #EmbeddedFinance #Innovation #Regulations #SMEs #FintechTrends #2025

Just a few years ago the word "traditional" wouldn't be used as a descriptor for fintech – yet here we are, witnessing a fascinating evolution beyond its conventional boundaries. In a recent Sifted article, our Principal Nitya Gupta shared her insights on this transformation and what she looks for as an investor: "For a long time now, fintech has been focused on penetrating traditional financial services — neobanks, banking-as-a-service, cross-border payments, P2P transfers, to name a few. This has been huge. Most leading B2B and consumer fintech names were built during this time. While I believe there is still more innovation to come in these traditional fintech sectors, fintech has expanded beyond its traditional realm. It’s horizontal and present in every tech stack, now used to power businesses building in other sectors." This shift is profound. Think of fintech as a technology rather than just an industry. 💡 At 13books, over half of our Fund II deployments focus on this vision – we're proud to support great companies like Lune, Aria, and Ramify, among others to be announced. "I am keen to meet great founders building at the intersection of fintech and other sectors such as healthcare, net-zero transition, gaming, tech-enabled services, cybersecurity, verticalised software, and more. We see a huge opportunity here." 🏥🎮🌍 Thanks to Tom Matsuda for the feature!

If you don’t yet believe that fintech is one of the most exciting areas to work in right now, you will be by the end of our interview with Stephane D., CEO of Spendesk Financial Services. Whether from a personal or business viewpoint, opportunities abound. Why? Because, as Sherlock Holmes would say, the game is afoot. Inflation is coming down, regulations are pushing more open markets, and the old, slow way of working simply isn’t going to cut it anymore. There’s also the sense of a market that’s maturing. “I expect to see consolidation across the sector,” said Stephane. “I also anticipate new partnerships and alliances between traditional banks and fintech innovators through M&A.” In this interview, we cover the factors driving the changes – from regulation to AI – along with the sub-sectors within fintech that are likely to benefit the most. Or at least the most immediately. Plus, Stephane reveals the four fintech startups that he believes are set for a great year. So who is Stephane and why should you listen to him? Because he’s been working in the business transformation sector within banks for years – we’ll let his answer to the first question do the talking. https://lnkd.in/g8KpQrF5 Bonus: read until the end to learn why Stephane calls out JustiFi, Levr, Swoop and Mistral AI as companies to watch in the space.