This year, MyFO has focused on expanding into new markets, with Europe as a key region for growth. Italy, in particular, offers a unique opportunity as one of the wealthiest regions in Europe, with a GDP per capita 30% above the EU average. Italy is renowned for its strong tradition of family-owned businesses, which make up 85% of the country’s companies and play a vital role in its economy. Milan, as Italy’s financial hub, offers a strategic gateway to Europe, connecting us to 800M consumers across the EMEA region. At the Milan Fintech Summit, Simran Kang highlighted the opportunities of leveraging AI within family offices and how Europe’s AI Act provides valuable lessons for innovation and compliance. Watch Simran’s insights on AI and its impact on family offices! #MyFO #WealthManagment #MilanFintechSummit #AI #FamilyOffices #Fintech
Let’s know the #MilanFintechSummit (8-9.10 | Allianz MiCo) protagonists’ opinion. ✨ 👇 Take a look to the future of banking and financial services together Simran Kang, Founder & CEO MyFO.
#MFS24: Simran Kang, Co-Founder & CEO MyFO
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Europe banking system is so far ahead of North America it will be interesting to see how they tackle AI
Great Insight!!
COO & CFO at MyFO-Tech
2moI love this! AI has significant potential benefits within the family office space and taking a methodical approach to realizing these benefits while ensuring compliance and protection of private information is vital. 🔥