Arjun Vir Singh’s Post

The fintech industry is rapidly growing, with projections to hit $1.5 trillion in annual revenue by 2030. To break through the noise and become a global fintech disruptor, fintechs can follow these five practices: ➡️Learn to grow at scale. ➡️Build trust with customers. ➡️Provide guaranteed security. ➡️Drive innovation. ➡️Prioritize user experience. DriveWealth's CTO, Aaron Sokasian, shares his insights on these practices and expands on what it takes to become a Global Fintech Disruptor today with Forbes: https://lnkd.in/gSvrbGEv #fintech #innovation

Looking back on the first half of 2024, the sentiment of fintech investors can be characterized as restrained. Consider some of the key trends we’ve seen across the fintech sector over the past six months: 1. Mature, stable markets attracting the largest fintech deals. 2. Investors continuing to shy away from the largest deals, with very few exceptions. 3. AI drawing significant interest, both as a means to improve operating efficiencies and as a means to reduce costs. #fintech #finance #software #AI https://lnkd.in/eep48C5j

I’m excited to share The Artemis Fund 2024 Fintech Outlook! We’re watching key trends that underscore the dynamic nature of the fintech industry and the exciting opportunities that lie ahead. ♦ B2B Solutions: With VCs shifting away from DTC fintech, there's a growing emphasis on B2B solutions. We're seeing increased interest in tools that not only cut costs but also drive revenue for businesses. ♦ Rise of AI in Financial Workflows: Fintech companies are leveraging AI, including traditional ML and Gen AI, to enhance financial workflows and detect fraud more effectively. Solutions addressing data privacy, regulatory compliance, and cybersecurity are gaining traction. ♦ Innovation in Treasury & Deposit Management: Companies like Modern Treasury are offering high-interest banking accounts to businesses, optimizing cash management in high-interest rate environments. This trend reflects a growing demand for efficient treasury and deposit solutions. ♦ Advancements in Real-time & Cross-border Payments: The introduction of the FedNow Service is revolutionizing payment speed and efficiency. However, it also poses increased risks of fraud and cybercrime, driving the need for advanced fraud detection and prevention solutions. ♦ Personal Finance App Evolution: Following the closure of Mint, there's been a surge in innovation, especially in integrating personal finance management experiences. This presents significant opportunities for both B2C and B2B2C models in the financial wellness space. ♦ Senior Finance & Generational Wealth Transfer: As wealth transitions to younger generations, there's an increased focus on financial planning for seniors and effective wealth transfer strategies. This includes estate planning, trust management, and tax optimization. You can check out the entire 2024 Fintech Outlook here: https://lnkd.in/d_wDGDEB Keep up with all the latest Artemis insights here: https://lnkd.in/g4NaEdti If you're a founder innovating in fintech, commerce, or care, we want to meet you! Pitch us here: https://lnkd.in/ghsDZArm #FintechTrends #Innovation

The fintech landscape is evolving rapidly, with companies pivoting from a "growth at all costs" mentality to a focus on sustainable profitability. Despite a funding winter, global fintech revenues continue to grow robustly. Digital challengers are emerging as star performers — while embedded finance and AI promise to reshape the industry. As regulatory scrutiny increases and the path to public markets becomes more complex, fintechs must navigate a delicate balance between innovation and prudence. With a projected market size of $1.5 trillion by 2030, the stakes are high, but so are the potential rewards for those who can adapt to this new era of fintech. https://lnkd.in/d9ECsJTX

Future Transformation with Fintech Good Read An in-depth exploration of the innovative technologies, investments, and insights that are set to shape the fintech landscape in the coming decade. Report - Written by Team8’s fintech leaders – serial entrepreneurs, seasoned veterans and former executives from industry giants such as Mastercard, Bank Leumi, eToro, PayPal, and JP Morgan – 2030 and Beyond: An Unconventional Look at the Future of Fintech is crucial reading for entrepreneurs, industry professionals, and investors alike. The report offers insights about the past, current, and future evolution of the fintech industry, as well as case studies and exclusive commentary from leading companies in the space. What Won’t Change? 01. Convenience Always Wins 02. You Can’t Fight City Hall 03. Cycles Always Turn 04. Financial Services Are Local 05. Incumbents Aren't Going Anywhere 06. Fraud is Omnipresent in Financial Services What (Likely) Will Change ? 01. Bank Tech Gets an Upgrade 02. Embedded Finance Spreads Out 03. Rebundling & Orchestration Are Local 04. Interoperability Across Countries 05. New Infrastructure to Build Upon 06. Fintech Finally Comes to B2B 07. Power to the Customer 08. B2C Fintech Pivots Toward Lending 09. Big Tech Barges In 10. Compliance Becomes a Competitive Differentiator What Could Change Everything? 01. Climate Concerns Reset Incentives in Financial Services 02. Generative AI Radically Transforms Banks’ Cost Structures 03. Financial Services Becomes Fully Immersive 04. Consumers, Businesses, and Governments Adopt Digital Identity 05. Consumers Choose Self-Custody Over Centralization While overall investment in fintech is down significantly, we believe that now is still a great time to start a fintech company. The opportunities are plentiful, regardless of whether you’re leveraging technology to address something that won’t change, something that is likely to change, or something that could change everything. Follow Fintech Influecers - Feon Ang 洪雍华 Sopnendu Mohanty Navin Suri   Oliver Turn Tony Moroney Theodora Lau Chris Gledhill   Linas Beliūnas  Bradley Leimer  Huy NGUYEN TRIEU Tram Anh Nguyen   Arjun Vir Singh   Farooq Umar Paolo Sironi Tony Craddock Dr. Martha Boeckenfeld Panagiotis Kriaris Spiros Margaris Dr Ritesh Jain   Tamara McCleary  Francesco Burelli Ram Rastogi 🇮🇳 Abhishant Pant  Joseph Joshy  Prasanna Lohar Sam Boboev Victor Yaromin

This Week in Fintech: TFT Bi-Weekly News Roundup 16/05: The Fintech Times Bi-Weekly News Roundup on Thursday 16 May 2024, brings you the latest industry news updates from around the globe.

“The fintech landscape is evolving rapidly, with companies pivoting from a "growth at all costs" mentality to a focus on sustainable profitability. Despite a funding winter, global fintech revenues continue to grow robustly. Digital challengers are emerging as star performers — while embedded finance and AI promise to reshape the industry. As regulatory scrutiny increases and the path to public markets becomes more complex, fintechs must navigate a delicate balance between innovation and prudence. With a projected market size of $1.5 trillion by 2030, the stakes are high, but so are the potential rewards for those who can adapt to this new era of fintech.”

💡 What are #Fintech’s challenges ahead? 📈 While funding complications remain, optimism stays strong. 🚀 New #AI-driven trends and sustainable tech bring hope but also require adaptation to the evolving regulations. 👉 Discover what is shaping the future of fintech in the following article #FintechFuture #InvestmentTrends #SustainableTech #RegulatoryChallenges #Innovation #TaleoConsulting

Exciting news for the fintech industry! The fintech market is projected to soar to $1.5 trillion in revenue by 2030, a substantial increase from the current $320 billion. This growth is fueled by the significant population of unbanked and underbanked individuals globally, along with the enhanced efficiencies from technologies such as generative AI. Stay informed on this transformative trend: [Link to article] #Fintech #Finance #Technology #Innovation #CUSOs #CreditUnions #CreditUnionsRock #ExternalGrowth

Great report by Team8 on fintech trends. I really appreciate the points made about the customer experience and B2B fintech: 💡 Frictionless experiences - Customers will always gravitate towards the most frictionless experiences, lenders that can deliver superior convenience will have a built-in advantage over slower-moving incumbents. Permissioned data removes friction from lending and is now table stakes in lending and banking. 💡 Fintech-quality experiences - Lenders will aggressively adopt technology that seamlessly embeds into existing customer-facing channels. Again, permissioned data is a perfect fit here. The challenge is understanding what data matters, accessing that data, transforming it to meet the specific lender's needs, and leveraging AI on top of this data to maximize its use -- without introducing new risk. 💡 B2B fintechs rise - B2B fintech is poised for a breakout in 2024 as startups tackle pain points around speed, certainty, cost and other areas. Agreed! See Conductiv! #finance #fintech #lending