It was the best of times — then suddenly, it was the worst. Nothing quite like a global pandemic to recast the lives of billions. Yet the money wheel of the financial services industry keeps turning. Q1 2020 saw $10.6 billion of venture funding, according to FT Partners. Megadeals continue, including a Series F round of $280 million for Robinhood and $112 million for Stash.
All around the world, financial institutions — incumbents and startups alike — are making provisions to mitigate the economic impact of COVID-19. Perhaps it should come as no surprise that five months after launch, RBS decided to pull the plug on its new digital bank, Bó, once touted as a response to challenger banks Monzo, Revolut, and Starling. Building a greenfield digital bank is never easy — especially given current economic conditions.
With so much going on in financial services today — amid a pandemic no less — it seems like it might take all four hosts this week to sort it out. Listen to our latest episode of One Vision when Efi, Arun, Bradley, and Theo are reunited - for the first time in the show’s history.
One Vision Podcast is a fintech, banking, and AI podcast hosted by Theodora Lau (Founder, Unconventional Ventures; author of Banking on (Artificial) Intelligence). One Vision goes beyond the headlines on AI, agentic commerce, digital banking, financial inclusion, and the future of money — with founders, analysts, venture capitalists, technologists, and operators building the next chapter of financial services. New episodes weekly. Featured guests include leaders from Ant, bunq, J.D. Power, Forrester, IBM, Microsoft, Salesforce, SAS, SAP, and Wall Street Journal. Recognized in American Banker's Top 20 Most Influential Women in Fintech.
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