The State of Fintech In 2020

Presented by

Elena Kozhemyakina| Shmuel Ben-Tovim | Denis Korolev | Damir Kopinic

About this talk

As 2020 began, predictions about where the fintech industry would go flourished. Signs of a maturing, even declining market, were already taking shape. Q1 2020 investment landed at $9.3 Billion, representing a 37% drop compared to Q1 2019, according to Deloitte. And as a global pandemic took form, meetings were canceled, budgets were cut, and consumer behavior changed. Now, consumers expect to change how they interact with banks entirely, with 25% of consumers planning to use banks less or stop using them altogether, According to Forbes. Does this change what fintech is, and how it operates? This premier episode of Driving Fintech Forward will share where we are as an industry in 2020, and possible visions for the future. In this episode, we will: - Revisit what fintech means, and the value it provides. - Understand the size of the market, and share the industries it touches. - Understand the types of participants in the market, and highlight how they work together to drive fintech forward. Moderated by: Elena Kozhemyakina, Founder, Fintech4Funds, London Partner, Fintech Connector Panelists: Shmuel Ben-Tovim, President, Fintech Community of Israel Denis Korolev, CEO, Octo LNG Damir Kopinic, Co-Founder & CEO, G+Quant

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Fintech is maturing as consumers adopt new digital services, governments implement regulations, and M&A increases while funding decreases. These dynamics present new challenges and opportunities to the industry. Still, new dynamics are found in every corner of the market. A solitary question persists that professionals want to know - what is driving fintech forward? This series will highlight current trends and developments in fintech. Discover the challenges professionals are addressing with innovative financial technology and new perspectives on how to elevate your financial services strategy.