Disruptive Finance and Fintech
15.2K views | +1 today
Follow
Disruptive Finance and Fintech
Logo2 - mini
Click here to go back to www.disruptivefinance.co.uk  
Your new post is loading...
Your new post is loading...
Scooped by Huy Nguyen Trieu
Scoop.it!

The World's Top 10 Most Innovative Companies In Finance

The World's Top 10 Most Innovative Companies In Finance | Disruptive Finance and Fintech | Scoop.it
You'd think something as universal as money would be hassle-free to use. But with banks and card networks acting as invisible middlemen and imposing...
Huy Nguyen Trieu's insight:

That's always the challenge of these rankings, there are a lot of other companies that should be in there. Some sectors that should really be in this list : peer to peer lending, data lending, online investment advisor, etc. 

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

Atom plans to be UK's first all-digital bank

Atom plans to be UK's first all-digital bank | Disruptive Finance and Fintech | Scoop.it

New bank, slated for mid-2015 launch, will be headed up by former Metro and First Direct bosses

Huy Nguyen Trieu's insight:

First New EntrantEntrant in the UK. Atom Bank will be a digital bank with no branch and no call centers. Everything will be online and mobile. It's clearly an initiative to follow - combination of skills from ex boss of Metro (knows how to setup a new bank in the UK) and First Direct (highly ranked direct bank) . Also, it seems that they will use Fiserv for system and not Temenos like Metro Bank?

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

With A Fresh $32M In Funding, Betterment Hopes To Manage $100B By 2020

With A Fresh $32M In Funding, Betterment Hopes To Manage $100B By 2020 | Disruptive Finance and Fintech | Scoop.it
Betterment, a company that offers a web-based money management service, has raised $32 million in Series C funding from Citi Ventures, Northwestern Mutual Capital and Globespan Capital Partners, along with existing investors Bessemer Venture...
Huy Nguyen Trieu's insight:
Disrupting asset management with a simpler and cheaper offering... Like asset management, that requires enormous scale - that's the bet of Betterment and Wealthfront with their first mover advantage. And Anthemis was an early investor again (twice today!)
more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

Apple & Samsung take massive 109% of mobile industry profits while competitors lose money

Apple & Samsung take massive 109% of mobile industry profits while competitors lose money | Disruptive Finance and Fintech | Scoop.it
The mobile market continues to be a two-horse race for profitability between Apple and Samsung, with the two rivals commanding 109 percent of profits -- a number made possible because its competitors are actually losing money in the smartphone space.
Huy Nguyen Trieu's insight:

Not new news, but I was talking to someone about the "Winner takes all" phenomenon in technology and this stat came to mind. 

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

WhatsApp, Simple, NextBank, And The Financial Services Delivery Model

WhatsApp, Simple, NextBank, And The Financial Services Delivery Model | Disruptive Finance and Fintech | Scoop.it
The majority of this post was written Wednesday night at 38K feet. I held off publishing earlier because Simple's being acquired by BBVA was pertinent to the conversation. Wednesday, February 19, 2...
Huy Nguyen Trieu's insight:

The acquisition of Simple by BBVA was very interesting - can such an acquisition be transformative ? That's the $1bn question...

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

OurCrowd Infographic: Equity Crowdfunding In 2014 & Beyond - Crowdfund Insider

OurCrowd Infographic: Equity Crowdfunding In 2014 & Beyond - Crowdfund Insider | Disruptive Finance and Fintech | Scoop.it
How big is the crowdfunding market expected to be in 2014? How much of the crowdfunding market is made up of equity-based funding? How many jobs does crowd
Huy Nguyen Trieu's insight:

I really like this document - it summarizes very well the current situation of the crowdfunding market in numbers. The figures for 2014 might seem a bit optimistic though. 

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

China Banks Drained by ‘Vampire’ Internet Funds

China Banks Drained by ‘Vampire’ Internet Funds | Disruptive Finance and Fintech | Scoop.it
It has been labeled a “blood- sucking vampire” by a prominent commentator on state-run television. Executives at China’s largest banks have called for regulators to curb its rapid expansion.
Huy Nguyen Trieu's insight:

Alibaba again... I mentioned before the prodigious growth of Alibaba - at the expense of Chinese banks. These banks are now trying to find an answer - but if you are currently paying 1%, and need to pay 5%, there will definitely be margin compression...

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

What is the value of Bitcoin ?

What is the value of Bitcoin ? | Disruptive Finance and Fintech | Scoop.it
Bitcoin is definitely not leaving people indifferent. Some say it's an out of nowhere Ponzi scheme created by anti-system fanatics who want to revolutionize our world.

Others see it as the foundation of a new monetary world where Central Banks will not be needed anymore and money will be controlled by the people.

In my opinion, Bitcoin ...
Huy Nguyen Trieu's insight:

My latest blog about Bitcoins. My view is that Bitcoin is not a digital currency, but has triggered the concept that will help create new payment systems. 

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

App of the Week: Square Cash makes it easy to send money to friends - GeekWire

App of the Week: Square Cash makes it easy to send money to friends - GeekWire | Disruptive Finance and Fintech | Scoop.it
Thanks to the continued growth of credit cards, it’s easier than ever to get through the day without touching a dollar bill. As someone who prefers to keep
Huy Nguyen Trieu's insight:

One of the major battles for Disruptive Finance is payments. Square is quite big for a startup, but still tiny vs incumbents. It is now launching a free payment system to pay individuals. Nothing you can't already do with your bank, but they try to make it much simpler

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

Google-Backed Lending Club Brings Peer-To-Peer Lending To Business Loans | TechCrunch

Google-Backed Lending Club Brings Peer-To-Peer Lending To Business Loans | TechCrunch | Disruptive Finance and Fintech | Scoop.it
Peer-to-peer lending platform Lending Club, a peer-to-peer lending marketplace, is announcing a major expansion today into business loans.
Huy Nguyen Trieu's insight:

In my blog about the market size of p2p finance (http://www.disruptivefinance.co.uk/?p=35), I observed that p2p lending for SMEs was very small in the US (unlike the UK). This is clearly a gap that Lending Club has seen too, and it's now launching its SME offering. In the US, the offering for SMEs has not come from p2p, but more from data lending so far (Can Capital, OnDeck, Kabbage, etc.)

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

Explosive growth pushes Alibaba online fund up global rankings - FT.com

Explosive growth pushes Alibaba online fund up global rankings - FT.com | Disruptive Finance and Fintech | Scoop.it
A Chinese internet money market fund that launched just nine months ago has more investors than the country’s equity markets in a sign of how quickly Beijing’s reforms are reshaping the financial services industry. The total number of investors in
Huy Nguyen Trieu's insight:

80 million depositors, $80bn raised, all that in 8 months. Not bad for an Internet portal ! This is proving to be a headache for Chinese banks that have seen money shifting to this new competitor. Disruptive Finance can happen quickly...

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

Will peer-to-peer lending revolutionize lending ?

Will peer-to-peer lending revolutionize lending ? | Disruptive Finance and Fintech | Scoop.it
"Hopefully, the growth of peer-to-peer lenders and those involved in crowd-funding will help solve the problems we have with lending for small and medium enterprises.." (Andrew Haldane, Bank of England, 2012).

It is certainly very rare to have such an endorsement from a Central Bank about a financial innovation. P2p lending certainly has a lot of ...
Huy Nguyen Trieu's insight:

My latest blog about peer to peer lending - where I argue that this is clearly a very revolutionary concept which will have a major impact, but that risks are not totally understood yet. This is the typical problem of DISINTERMEDIATION in the new economy, or of AGENT vs. PRINCIPAL in finance. 

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

Ashfords - Long awaited FCA policy statement on crowdfunding published

Ashfords - Long awaited FCA policy statement on crowdfunding published | Disruptive Finance and Fintech | Scoop.it
The Financial Conduct Authority (FCA) has, as predicted, taken a fairly restrictive approach to crowdfunding in its policy statement released today. Nevertheless investees, investors, crowdfunders and support businesses will all welcome the clarity this guidance will bring to the rapidly developing crowdfunding industry.
Huy Nguyen Trieu's insight:

Very good summary from a law firm on the regulation of peer to peer finance. 

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

The Collison brothers and $1.75bn online payments start-up Stripe - FT.com

The Collison brothers and $1.75bn online payments start-up Stripe - FT.com | Disruptive Finance and Fintech | Scoop.it
For two young founders of a billion-dollar start-up, the Collison brothers are remarkably self-effacing. Patrick and John grew up in a small hamlet outside the Irish city of Limerick in the 1990s and now live in a modest two-bedroom apartment in San
Huy Nguyen Trieu's insight:

Entertaining article about the brother founders of Stripe. They are out to disrupt Paypal (!) which itself bought Braintree (that has the same objective!). Very high valuation, but no official figures on volume (it seems to be low, a few billions?), but stellar seed investors (Y Combinator, Andresssen Horowitz, Sequoia, etc.

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

Lending Club Acquires Springstone and raises $115m

New funding round and debt financing + acquisition
Huy Nguyen Trieu's insight:
Lending Club raised $125m last year and is dominant in p2p lending. Their latest finding is quite small + half is in debt - I guess they want to keep dilution low and are seeing good cash flow generation so don't want to raise too much. Which means they are not under pressure for IPO ?
more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

The Currency Cloud closes $10m series B

The Currency Cloud closes $10m series B | Disruptive Finance and Fintech | Scoop.it
The Currency Cloud, an international payments engine, has raised $10m in a Series B funding round to complement the $9M invested in 2012.
Huy Nguyen Trieu's insight:
Payments and in particular international payments will be disrupted. Most services are b2c, but the Currency Cloud focuses on the platform. Note Anthemis as a repeat investor
more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

Should you invest in Fintech ?

Should you invest in Fintech ? | Disruptive Finance and Fintech | Scoop.it
One of the questions that often comes back when I talk about Disruptive Finance and Fintech is "What is the opportunity in Disruptive Finance ? ".  This is clearly a question I'm also very interested in, and this article summarises my main thoughts.

Before answering the question, I think we should actually rephrase it. There is ...
Huy Nguyen Trieu's insight:

My latest blog about investments in Fintech  : should you invest now, and where to invest. I argue that there are 5 categories to watch : Incumbents, Enablers, New Players, Disrupters and Outsiders

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

Former Visa president launches fintech-focused venture fund

Former Visa president launches fintech-focused venture fund | Disruptive Finance and Fintech | Scoop.it
Former Visa President Hans Morris, announced today that he has launched a new venture fund called Nyca Partners that is focused on financial technology startups.
Huy Nguyen Trieu's insight:

Knowing that he is already involved in Lending Club, it would be interesting to see what his next investments will be...

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

Startup Financial Services Companies Come Of Age | TechCrunch

Startup Financial Services Companies Come Of Age | TechCrunch | Disruptive Finance and Fintech | Scoop.it
With one eye on businesses abandoned in the wake of the financial crisis and the other on a new generation of investors, startup companies are now raising..
Huy Nguyen Trieu's insight:

Money is flooding to Fintech ! Is it good or bad ? Disruptive Finance is definitely a long-term trend, whereas investment cycles go through boom and bust, so need to keep that in mind when investing..

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

Google’s brilliant plan to get millions to adopt its e-money system: Gmail

Google’s brilliant plan to get millions to adopt its e-money system: Gmail | Disruptive Finance and Fintech | Scoop.it
In May 2013, Google soft-launched a straightforward scheme for sending money to other people. It lets you connect Gmail with a Google Wallet account and send money to a friend for free (from a linked bank account) or for a small fee (from a credit card). While the service has been available since last summer to...
Huy Nguyen Trieu's insight:

And payments again ! Remember Square that allows you to pay friends for free (i.e. what you can do with a bank but easier). Now Google wants to do it too, and even easier by using Gmail ! Payments is definitely a sector that will be disrupted...

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

IRS Says Bitcoin Is Property, Not Currency, And Forms 1099 Are Required

IRS Says Bitcoin Is Property, Not Currency, And Forms 1099 Are Required | Disruptive Finance and Fintech | Scoop.it
The IRS has issued a bevy of questions and answers about digital currencies like Bitcoin. The biggest news is that it is property for tax purposes, which means that: Wages paid to employees using virtual currency are taxable, must be reported on a Form W-2, and are subject to federal income [...]
Huy Nguyen Trieu's insight:

Bitcoin now is taxed like property (i.e. an asset). In other words, I buy Bitcoin a $100, and when it is at $200, I buy a computer with one Bitcoin. What happens ? I need to pay tax on $100 of capital gains ! For me, it's pretty much the end of Bitcoins as a currency in the US. I still think that Bitcoin will give rise to a lot of payment innovations though

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

Why There Is No Amazon Of Banking

Why There Is No Amazon Of Banking | Disruptive Finance and Fintech | Scoop.it
Bankers love to talk about becoming Amazon, but few really understand how Amazon is different. Amazon does not care what you buy, as long as you buy it from Amazon. The same cannot be said of banks...
Huy Nguyen Trieu's insight:

Very interesting article about the difference between Banking and Ecommerce. Although I agree on some of the arguments, I don't think that it's the whole story though - we can see some transformations starting to happen in that space. 

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

What is the market size of peer to peer finance ?

What is the market size of peer to peer finance ? | Disruptive Finance and Fintech | Scoop.it
"Peer-to-peer lending is growing fast in many countries. In Britain, loan volumes are doubling every six months." (The Economist, March 1st, 2014)

Peer to peer finance, i.e. p2p lending to consumers, p2p lending to businesses and crowdfunding, is definitely growing very quickly, and is attracting a lot of attention - from the finance industry, but also ...
Huy Nguyen Trieu's insight:

My latest blog about the size of p2p finance in the UK and the US, and how it compares to traditional finance. Not big yet, but growing quickly.

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

How Google and Facebook Could Become Financial Services Giants (FB, GOOGL)

How Google and Facebook Could Become Financial Services Giants (FB, GOOGL) | Disruptive Finance and Fintech | Scoop.it
Will peer-to-peer lending grab the attention of Google, Facebook, and other social media giants? - David Hanson, Matt Koppenheffer, and Tyler Riggs - Financials
Huy Nguyen Trieu's insight:

It is not clear yet on who will be  the largest players in DIsruptive Finance. Banks ? Telecom operators ? Portals ? New Entrants ? I'll write a blog about it in the next few weeks

more...
No comment yet.
Scooped by Huy Nguyen Trieu
Scoop.it!

How Bitcoin Smashes Mobile Payments Barriers

How Bitcoin Smashes Mobile Payments Barriers | Disruptive Finance and Fintech | Scoop.it
In an open letter to the industry, Jon Matonis explains why bitcoin is the future of mobile payments.
Huy Nguyen Trieu's insight:

Interesting position on #Bitcoin. I agree on the fact that it will revolutionise payments. I don't think it will have an impact on monetary system though

more...
No comment yet.