It is aimed at firms and advisers looking to launch their own robo-advisory services as well as wealth managers, fintech developers, consultants and private equity firms.
This exclusive interview with Sudhesh Giriyan, COO of Xpress Money, discusses the future of the global remittances market, and the ways in which fintech is poised to impact this growing market.
The rise of alternative and marketplace lenders emerged because traditional FIs weren’t agile enough in their innovation and technology adoption to develop the convenience and efficiency new market entrants offered, he added.
Europe, meanwhile, remains a laggard for startups/VC investing at about 10% of global FinTech VC investment in 2015-16, although it should be noted that Europe has a smaller VC market versus the US and its banking system (despite the sector’s weak s
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