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Tag: Fintech
Fintech is dead, long live fintech
Everything is fintech is the meme of 2020 in Silicon Valley and beyond. The nerds that we are :), we spend a lot of time digging deeper into this topic in the fintech pm group. The banter back and forth is the reason why I am super bullish on this small curated private community. This post is an attempt to describe my framework.

How should we think about everything is fintech meme? Continue reading “Fintech is dead, long live fintech”
Access to the central bank, the final frontier for fintech?
I’ve been spending some time thinking about the long term implications of increasing central bank intervention (primarily the US Fed), and how that changes the landscape of banks and fintech. What follows is an attempt to flush out an idea of how Fed intervention is good for fintech in the long run.
I have a simple framework to think about how banks work. Banks have two sources of profit, user profit, and risk profit. User profit is what customers are willing to pay for services that provide value. Some examples are, charging for managing your investments, the entire process of giving you a loan (origination fee), converting currency, processing payments, etc. Risk profit is what banks earn by the nature of providing maturity transformation and inventory facilities. Some examples are loans (compensated for taking credit risk) and market-making (compensated for taking inventory risk). Continue reading “Access to the central bank, the final frontier for fintech?”
Is coronavirus fintech’s watershed moment?
The coronavirus pandemic of 2020 has been a watershed moment in everything. Time for some guesses and predictions on what it means for fintech. I’m phrasing these as questions as none of these changes are a given 🙂




Continue reading “Is coronavirus fintech’s watershed moment?”
FinTech businesses, platforms or not?
I’ve been deeply interested in understanding what actually makes a platform business a platform¹ business ?— are there any patterns? How do platform businesses actually win? Is there something unique about them or is it all just branding? This is a particularly insightful question to ponder on as, if you talk to any company today , you are certain to hear “ we are a platform”:). Everybody wants to be a platform or at least positions themselves as one. How does one separate the wheat from the chaff?
How to compete in fintech
In the fintech businesses the core product is money. Money is a commodity — and when the core product is a commodity, what provides strategic advantage?
There are three strategic components that have to be nailed to be successful in the fintech business.




Data data everywhere
In todays hyperconnected world data is often touted as a competitive advantage. A cursory google search provides a lot of self evident truths “use big data” “Analyze, insight, execute” “Big data will revolutionize your business” , what does this really mean in practice? To gain a true competitive advantage you need to have a comprehensive data strategy which consists of both a simple and relevant mental model and the associated operational structure and processes to actually make it happen. Continue reading “Data data everywhere”