Wrap of Week #42: China Marketplace Lending, Fintech book, Health Insurance, the Australian payments platform


On the aftermath of Lendit Europe, we looked at the Chinese Marketplace Lending scene with the following inquires in mind:

Part I: The Big and Scary prize

Will China MPL follow the Uber Didi trajectory?

How will global lenders get in on the action?

How is the progress from Wild West to Settler phase?

In Part 2: Which Chinese players will emerge from Consolidation

What role will BAT (Baidu Alibaba TenCent) play?

We reviewed the new  book Fintech Innovation: from Robo-Advisors to Goal Based Investing and Gamification in our analysis “Fashionista Sironi speaks about Fintech Innovation in Investing”.

In the insurance space, Health Insurance InsurTech innovation may start with dentists and a P2P network of providers as we looked at the old-fashioned organizations of Cooperatives that we call today P2P networks.

From the Southern hemisphere, we looked at the New Payments Platform (NPP), the Australian equivalent of the UK’s Faster Payments Service.

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This week we celebrate the 2 year anniversary of Daily Fintech by launching a peer to peer knowledge network, the Fintech Genome (ala genetics).


Join, engage, interact by clicking here.


We extended an invitation to the growing Fintech community and explained the concept in “Help us decode the Fintech Genome”.


This was done without any interruption of the regular schedule of our insights. This week too, it was another trip globally.


A first look at the most hard hit public valuations in the Daily Fintech Index, after the Brexit.


A first look at the Fintech recruitment scene with the input from Nicole Curtin and Fintech Recruiters; and some disruptors.


Over to Australia, where there are three fintech IPOs in the pipeline and we look at the real time KYCexpert serving financial institutions, which is a re-branding of the Global Business Register.


A two day coverage of innovation in the Life Insurance space. First part more focused on categorizing innovation players within life insurance. Second part, more focused on the pain points of the industry and the opportunities.



We mentioned

Nicole Curtin, Fintech Recruiters, Angel list, efinancialcareers, The Banking practice, Ashmore Stark, New Finance

Global Business Register Limited (GBR), @KYCexpert, @ChimpChangeMe @CoAssets, @OnMktBookBuilds, @ASX, Kyckr, KYC.com, AvoxClarient and SmartStream

Hearsay Social, Smart Asset, Policy Genius, Slice Labs, InforcePro, Haven Life, VitalityNew York LifePacific LifeFarmers and AXA.









, a UK based a 2yr old practice which positions itself as a online talent platform for financial services.

New Finance, the financial network operating out of London via Meetup, is also stepping into the jobs space.

Ashmore Stark, i






Robo-advisors, Blockchain; Insurtech and Small Business; in-store mobile payments; Marketplace lending


The UK is in the spotlight for many reasons (some good, some bad). We gave it first position this week but we also traveled from Australia to the US.


21 #roboinvesting ventures in the UK & the Blackrock tale. Sizing the UK robo-advisory market, which seems on the way to triple its size.


An in depth look at the important B2B niche in Small Business Finance: How to tackle the Approved Payables Finance. Could this be an example of a permissioned network that makes sense, Blockchain


The 4 US based Small Business Friendly InsurTech Ventures that are filling in the gap that Zenefits left.


Growing conversion rates via a superior customer experience; focus is on in store mobile payments. A growth opportunity; a problem to be solved.


An insightful look at the value chain in marketplace lending. Where is the value in the ecosystem?


We mentioned:

ETFmatic, Nutmeg, FiverAdat, Money On toast, Money farm, EValue, Wealth Objects, Wealth Wizards, Wealth Horizon, Wealthify, Wealth Kernel, Net Wealth, Swanest, Scalable Capital, Alpima, Quantstore, Zen Assets

ApplePay, Clover, Paypal, OneTouch

CoverWallet, Embroker, Insureon, FounderShield, Zenefits

OnDeck, Kabbage, Flexport, Fluent, Credit IQ, Provenir, EOriginal, Meridian Link, Cunexus Solutions, Web Bank, Cross River Bank, CBW Bank, NSR Invest, Lending Robot, Orchard Platform, DV01, Monja, Orca Money, Kreditech, Prosper, Lending Club, Funding Circle




















Kansas: A global alternative exchange that IPO’d; BATS exchange.

Austin TX: An alternative credit history builder running in a bank; SelfLender.

Global: Western Union an incumbent innovating in payments and more; Podcast.

Global: Distribution strategy alternatives for Online business lending;

Global: 21 Insurtech Ventures changing the Auto Industry (continuation of coverage)

Global: One way that marketplace lending could thrive; watch Warren Buffet’s lips.








Pirates with Ties interview with David Thompson of Western Union

WU Edge




What’s the Trojan Horse distribution strategy for online business lending?

PayPal Working Capital, Square Capital and Shopify Capital.




@Fundera @OnDeck



InsurTech Comparison Sites transform to Robo Brokers as Insurance value chain shifts


AccuScore Telematics

DriveWay Telematics

Metromile Telematics

Octo Telematics Telematics

RootInsurance Telematics

TheFloow Telematics

TrueMotion Telematics

Wunelli Telematics

OkChexian Telematics

Acculitx Telematics

DriveSpotter Telematics

Telematic Telematics

Citymile Telematics

Goji Robo Broker

Cuvva Just In Time

CoverHound Comparison

Insurify Comparison

RenewBuy Comparison

TheZebra Comparison

ClaimDi Claims Process

SnapSheet Claims Process


Marketplace Lending depends on savers moving on from bank deposits



The IPO window is open but only the best can get through. The headwinds are still there for Fintech but skilled sailors are needed to ride the wind through turbulent weather. One of the first ventures to go through is the BATS (Better Alternative Trading System). We covered BATS in an earlier research note on Fintech in action on Western Stock Exchanges. The key point is that BATS is number 1 in ETFs. This is important because ETFs are powering Robo Advisers.


One of the largest underserved segments in the US, are individuals that don’t own this Digital Asset – Credit history. SelfLender is the first all-online credit builder loan; ideal for students, young adults especially those in no-mans land 18-21yrs old, foreign students, immigrants, H1-B visa holders, and others with zero credit history who need to establish credit.


What options do small business lenders have to maintain healthy margins, as the popular channels are failing?






Which Chinese Market Place Lenders will emerge from consolidation?


Image source

This is part 2 of our research into Chinese Market Place Lenders. Part 1 is here.

Ppdai is credited with being the first MPL (then called P2P Lending) in China, following close behind pioneers in UK and USA. Since then, literally thousands of platforms emerged. This is clearly unsustainable. Market Place Lending is a networks effects business. More borrowers lead to more lenders and vice versa. So the thousands of MPL platforms in China has to come down to a handful of companies.

Top of the Pops

The top 20 platforms as tracked by Wangdaizhijia and reported by Lendit are:

1 Hongling Capital
2 Lufax
3 PPmoney
4 Wzdai
5 Weidai
6 Xinhehui
7 Yooli
8 Jimubox
9 Jinxin99
10 Renrendai
11 Srong
12 Yirendai
13 Xiangshang360
14 Edai
15 Niwodai
16 Touna.cn
17 Eloancn
18 Qianbaba
19 Itouzi
20 Tuandai

Source: Wangdaizhijia

The only names that resonate in the West are Yirendai (because they did an IPO in America) and Lufax (because they are publicly mulling an IPO in Hong Kong). Lufax is being valued almost 10x Yirendai and ranks second place vs 12th for Yirendai. So Yirendau could be like Ondeck vs Lending Club, first out of the IPO gate but small compared the market leader and it may be acquisition bait during the consolidation phase.

The IPO process for Lufax may bring a) capital b) more mature processes (due to public scrutiny) and c) consumer name recognition. For the latter, the Hong Kong venue for Lufax makes the most sense.

Here are the top 3 ranked by Transaction Volume:

Company Transaction Vol No. of borrowers  
Hongling Capital 300,401 3,944  
Lufax 137,250 24,984  
PPmoney 130,909 5,506  

Here are the top 3 ranked by No of Borrowers:

Company Transaction Vol No. of borrowers  
Xiangshang360 46,872 30,497  
Luffa 137,250 24,984  
Weidai 83,250 11,550  

(Yirendai is 4th).

Note LUFAX in second place on both scores. If their IPO in Hong Kong goes well, they look like a strong contender.

What role will BAT (Baidu Alibaba TenCent) play?

These are behemoths by any definition. In simple market cap terms (rounded to nearest $ billion as of Oct 2016):

Baidu = 61

Alibaba = 263

TenCent = 258

In comparison Lending Club = 2 and Lufax (pending IPO) = 18.

How much these giants want to get into Lending is the key question. All three have launched online banks, with Baidu the most recent into the game.

So, we can expect plenty of excitement as the MPL market in China matures.

Daily Fintech Advisers provides strategic consulting to organizations with business and investment interests in Fintech & operates the Fintech Genome P2P Knowledge platform.

Health Insurance InsurTech innovation may start with dentists and a P2P network of providers

Aforacare does not present like a tech startup. There is no Crunchbase profile with lists of rounds by VCs. Nor do we read about any of the hot technologies that are like catnip for investors. Yet, if you look at Aforacare with fresh eyes, you may see the innovation that could untangle the giant hairball called US Health Insurance (which is driving the biggest VC deals of 2016 in Fintech).
Network of Dentists Vetted by Dentists.
That is how Aforacare presents itself. To a consumer, the proposition is like Insurance; it is a fixed monthly fee. The Basic Plan costs $25 per month and includes two standard cleanings, an annual exam and X-rays. The Premium Plan for $45 per month includes four standard cleanings, an annual exam and X-rays, $1,000 voucher towards comprehensive orthodontics and unlimited $150vouchers towards whitening treatments.
If you want more, you buy more at clearly listed prices.
The revolutionary thing about Aforacare is that they cut out the Insurance Company.
This is a P2P Cooperative Network. The network is owned by the providers. Imagine that for Doctors. Imagine how a self insured Company would view this – taking care of teeth is a good preventative for health problems, so a self insured Company sees the economic benefits of prevention.
This is a big wide open market. As per Aforacare;
“Nearly 50% of adults living in the U.S. don’t have dental insurance”.
Cooperative sounds old-fashioned, so lets call it a P2P Network
In the past, mutually owned businesses were normal. They were networks before the Internet. Now imagine a network owned by doctors or taxi drivers but enabled by the Internet.. Why does Uber take 25%? Because they did it first. Aforacare is the Uber of Dentists but an Uber where the providers own the network.
That is revolutionary, even if the tech looks trivial. If you looked at early Facebook, Uber or any other network effects business, the tech also looks trivial.
Aforacare is classic disintermediation – cutting out the Insurance company. That should worry all Insurance companies – whether Incumbent or Upstart.
Digital Cooperatives and Blockchain
Blockchain enthusiasts like to talk about alternatives to sharing economy services such as Uber and AirBnB with lower transaction costs. I buy the idea – the appeal to the provider side is obvious – but many attempts such as Maaxi have failed. For a great explanation of the idealistic appeal of digital cooperatives to get back to the original sharing economy ideals (which became the on demand Gig Economy) read this post by Chelsea Rustrum:

Beating a consumer brand with entrenched network effects is really tough – ask any Facebook alternative.

What I like about Aforacare is that it is a digital cooperative in a Blue Ocean market without an entrenched competitor.

 Daily Fintech Advisers provides strategic consulting to organizations with business and investment interests in Fintech & operates the Fintech Genome P2P Knowledge platform.

What you need to know about Australia’s New Payments Platform


The New Payments Platform (NPP) is the Australian equivalent of the UK’s Faster Payments Service – only on track to be implemented just under 10 years later.

Real time payments are a no brainer. Daily Fintech wrote about the implications these payment systems have on consumer behaviour back in June of 2015. For small businesses they turn card payments into the equivalent of cash payments in terms of speed of access to funds. They have implications on how working capital is allocated and how businesses plan and strategise. So, what do you need to know about the NPP?

Who’s involved

Like Faster Payments, the NPP is a collaboration between the Reserve Bank and industry players. Direct access to the NPP is restricted to Authorised Deposit-taking Institutions (ADIs). The founding members of the NPP, of which there are 13, have all committed funding for the build and operation of the platform. The NPP will be built on the SWIFT platform.

There is a slight question mark about how non-founding ADIs will join the NPP in the future. At a meetup held at the Tyro Fintech Hub last week, the incoming CEO Adrian Lovney indicated it was likely that ADIs joining in the future would be expected to stump up the same contribution the founding members did to join and create the platform initially.

While this might seem fair and equitable, should the Australian banking sector get shaken up like the UK’s has on the challenger banking front, this could be problematic. The majority of the founding members of the ADI have very deep pockets. Challenger banks, unlikely so.

How will non-ADIs, fintech startups being a prime example, access the NPP?

They’ll need to connect via an existing member, and strike up commercial agreements with them directly. They’ll be classed as ‘overlay services’. It’s not clear at this stage how much influence the NPP body will have over commercial agreements overlay services look to set-up directly with member ADIs. It may be possible for a fintech to connect with an existing overlay service as well, pushing them further down the food chain.

For ADIs who are looking to partner with overlay providers to deliver services they don’t have an appetite to build directly, this will provide an avenue for bank to fintech collaboration. For fintech providers who want to compete head on with the established banks, they could possibly partner with either Cuscal or Indue instead. For fintech providers keen to partner with Tier 2 banks, Australian Settlements will no doubt be the go to member.

What are the risks here, if any? Well, given some banks do provide overlay-like services already, it seems to me that there is a possibility they could use their direct access to the NPP to control a non ADI’s competitive position in the market place, most likely by pricing them out. This should be tempered somewhat by the fact Cuscal and Indue will be able to offer access, but it certainly limits the ability by a fintech to shop around for a better deal.

Is there a stand-out feature of the NPP?

Yes – the quality of the remittance information that will be able to be transferred will be much richer than what is possible today with the existing 18 character limit for Direct Entry Payments. This is thanks to the adoption of ISO 20022 payment messaging standards.

How is the UK approaching working with fintechs and challenger banks?

Fintech TransferWise were recently one of the first to connect to the UK’s NPP equivalent, the Faster Payment Scheme, through its New Access Model. This new scheme allows companies like TransferWise and challenger banks to partner with newly accredited fintech payment aggregators who have connected to the central network. This removes the need for these sorts of fintech companies to work directly with a sponsor bank or connect directly.

Why would they do this? Well, for a challenger bank just starting out, transaction volumes would not justify the cost of connecting directly. And working through a sponsor bank does not guarantee them true real-time payments either. It’s a ‘Catch 22’ situation, as the Faster Payments scheme pointed out in its white paper detailing how its New Access Model came about.

Fintech startups who are keen to operate in Australia should be getting their heads around how the NPP works now, and what their relationship will be to founding members or overlay services. Whether becoming an overlay service or working with one is on the cards, I’m guessing there’s not going to be many free lunches here at all. So putting some heat on the participants to find out what those costs are going to shake out at will be key.

Daily Fintech Advisers provides strategic consulting to organizations with business and investment interests in Fintech. Jessica Ellerm is a thought leader specializing in Small Business.

Fashionista Sironi speaks about Fintech Innovation in Investing!

Sironi’s hot off the press elevator pitch as a global thought leader, is

“I sell the finest FinTech Furniture, FinTech Fashion and FinTech Food”

Extract from FinTech #Furniture, #Fashion and #Food

George Orwell said that “one would write a book only if driven by a demon whom one can neither resist nor understand”.

Paolo Sironi, is an Italian, driven by demons that lead him to start companies, to write books, and earn thought leadership roles in wealth management.

Wiley, a unique publishing house more than 200yrs old, has traditionally had a significant presence in finance starting from academia and bridging over to practitioners, the Street, all the way to the “hoi polloi” through the Dummies series.

I am a Wiley published author myself, through two publications around Fixed income markets under the Frank Fabozzi series. Voila, my endorsement on the cover of this book Fintech Innovation: from Robo-Advisors to Goal Based Investing and Gamification


What is Paolo Sironi’s goal, with the publication of this book?

As the puck is moving in the Investing world, Sironi identifies the direction that it should be heading to. He aims first to take the pulse of the industry and then offer a holistic solution of Investing as a service, that should become the norm.

Taking the pulse

  • Robo-Advisors that are neither Robos, nor Advisors. Had you realized that? And if so, what is wrong with it? Are startups incorrectly positioned and/or are incumebnts with robo solutions mis-using them?
  • Customers are pushing the transformation. We got, we know it but have we correctly identified the sources? Is it from Gen X, Y, Z or the HENRYs? Believe me, it does matter.
  • The service providers, the suppliers, are reacting! Love this chapter (Ch. 3 in Part II) because with 8 visuals you can capture the investment management industry through Sironi’s chosen filters. It all started back in the Italian Renaissance anyway. Where are we at now? Who is supplying these services? Through which “venues” and how have the customers been “segregated”? What are the products and how are they currently allocated and consumed?


Delivering value in Investing

Sironi is pushing the envelope on what can and needs to be done to get the Customer Value of Financial Services engine working in the current era. His proposition is the implementation of Goal-Based investing (GBI).

  • What is Goal-Based investing? If you don’t know the three main reasons it hasn’t (yet) been accepted in the mainstream, you have to read Ch. 6. This ties into why MPT (Modern Portfolio Theory) isn’t actually reflected in portfolio allocations.
  • What is the MPT 2.0 version? Sironi presents the Probabilistic Scenario Optimization (PSO) framework.
  • How does a Goal-Based Investment reporting look like? Forget about expected returns and volatility tables and graphs! Do you want to know which goals you reached as a function of current performance? And in addition, what is the probability of reaching your future goals as a function of the performance of each (and all) asset?
  • How can we address effectively the behavioral issues around money? Dear suppliers of investing services (Financial advisors, Brokers, Online Trading platforms, and Robo-advisors) shift from product marketing strategies to designing a financial gamification platform that isn’t simply some rebate or reward.

The conversation around the book Fintech Innovation: from Robo-Advisors to Goal Based Investing and Gamification can continue on the Fintech Genome. A review of a book can never replace reading the book. A conversation about the book, after reading it, is the reward for the author and the vlaue for the audience.

Daily Fintech Advisers provides strategic consulting to organizations with business and investment interests in Fintech & operates the Fintech Genome P2P Knowledge Network.  Efi Pylarinou is a Digital Wealth Management thought leader.

The big and scary prize – Marketplace Lending in China


Image source

This is a two part investigation. Part two will be on Friday.

Big: a big and fast growing middle class and a banking sector that has been asleep at the switch on the consumer side; the idea of China as a consumer market is relatively new and Chinese banks are not known for being agile. Imagine the American market without Wells Fargo, JP Morgan Chase and Citi as competitors. According to Citi, 96% of e-commerce sales in China are done without a bank’s involvement.

Scary: just ask Travis Kalanick of Uber; the most full-steam ahead damn the torpedoes entrepreneur was beaten by Didi in China. His retreat will probably be a hugely profitable deal (like Yahoo and Alibaba) but it is still a retreat. It is really tough to compete in China. So, scary for Western firms. For Chinese firms, scary if you have to compete with BAT (Baidu Alibaba Tencent).

To understand where this puck is headed, we seek answers to the following 5 questions:

Will China MPL follow the Uber Didi trajectory?

How will global lenders get in on the action?

How is the progress from Wild West to Settler phase?

In Part 2:

Which Chinese Marketplace Lenders will emerge from consolidation?

What role will BAT (Baidu Alibaba TenCent) play?

Will China MPL follow the Uber Didi trajectory?

Trajectory: big Western firm spends a lot of money to get into the market and eventually cedes victory to a Chinese competitor and before retreating gets a big shareholding in the competitor that beat them.

You could argue either case:

Yes: look at the tribulations of other Western Internet firms in China. Google lost as did Facebook and Uber.

No: China has a lot at stake. If they have to trade off lower interest rates for consumers (benefitting hundreds of millions of Chinese) vs protecting a local firm, it will be a tough decision. Also, it is unclear why Didi beat Uber. Was this a level playing field where “the best man won” like on an English boarding school rugby pitch? Or was the referee biased to the local team? Baidu almost certainly won because the Chinese government wanted a search firm that was friendly to their interests. It is not clear if that is why Tencent won in messaging or why Didi won in car sharing. If it is a level playing field, a great Western entrepreneur can hire a great Chinese team to localise properly and can still win.

Western MPL has not yet made a serious crack at the China market; if you never attack you don’t need to retreat. It is hard to imagine the shareholders of Lending Club or Prosper backing a super expensive high risk entry into China – not after Uber got their head handed to them.

So, China MPL will NOT follow the Uber Didi trajectory, because that story will prevent any Western MPL from trying. The Uber Didi story has entrenched the view that you cannot win in China.

How will global lenders get in on the action?

China has a very high savings rate (30%), so local banks should have plenty of cash but most do not have the systems and processes to do consumer lending profitably at scale. So there is a window of opportunity for global lenders to get in on the action. They will do so when the Sherriff cleans out the bandits (see next section).

As the MPL market matures globally, we expect to see more platforms that allow a retail lender anywhere to choose which geographic market they want to lend into; for example, when a Chinese consumer can lend to a Swiss consumer and vice versa, MPL will have gone global and mainstream.

For example, Mintos connects investors with non-bank lenders from mutliple European countries.

Many consumer lenders tend to stick to their local market; over time we expect more will go where the risk adjusted returns are best – even if it looks “foreign” at first. For example, lending money at 26% on the P2P Lithuanian platform that shows us 4% default rates may look too exotic, but some savvy investors have already found this to be attractive.

We expect to see more of this cross border lending because MPL platform are competing with each other, margins narrowing and one avenue of growth will be by moving into other countries. There are still a lot of tax related issues that are unclear.

Most unclear is whether China will welcome cross border lending. This news about Yirendai’s parent Credit Ease investing in Prosper and Avant loans indicates financing flowing one way.

How is the progress from Wild West to Settler phase?

MPL in China is in the Wild West phase, with hundreds of marketplaces and lots of scams and very crude, violent debt collection practices. We know how this movie ends – the Sherriff rounds up the bad guys and the settlers move in and we get towns and cities and the big money is made.

Some progress is being made, some of it from the free market and some of it from the government.

“For thousands of years, debt collection in China has been a mafia business,” said Wen Yong, chief executive of Shenzhen-based ZZG360 (ZZG stands for Zhai Zong Guan which translates to “debt explorer”. ZZG360 list problem loans on MPL platforms and provide that data to debt collectors, which must agree to use legal, non-violent methods when recovering it.

The Government Regulators are also stepping up to the plate; the Sherriff has posted the new rules. Crowdfund Insider has a good report on the 12 commandments laid down in December 2015 by the China Banking Regulatory Commission (“CBRC”). Thou shalt not (my comments in italics):

  1. Use the platform for self-financing or for financing of related parties. (This stops the most egregious scams).
  2. Directly or indirectly accept and manage lender funds. (This is interesting. It prevents what in the West has become called Balance Sheet Alt Fi Lenders and it is unclear if that is a bad thing).
  3. Provide guarantees to lenders or promise guaranteed returns on principal and interest.
  4. Market or recommend loan investments to users that have not completed identification verification after registering on the platform
  5. Directly make loans to borrowers, unless stated otherwise by applicable laws and regulations
  6. Structure loans into investment products with liquidity timing that differs from the original loan term (“thou shalt not have have Asset Liability Mismatch” is another way of saying “thou shalt not have systemic risk”).
  7. Sell bank wealth management products, mutual funds, insurance annuities and other financial products (Hmm, so MPL can only be an exchange, China is banning the 20th century strategy of vertical integration).
  8. Unless stated otherwise by applicable laws and regulations, collaborate with other investment or brokerage businesses to bundle, sell or broker investment products (sounds like the sort of grey area that would make fortunes for lawyers and/or those with good connections).
  9. Provide false loan information or create unrealistic return expectations.
  10. Facilitate loans for the purpose of making investments in the stock market. (No borrower would offer this as a reason to get a loan, so this sounds like the Casablanca scene “I am shocked. Shocked!! to find that there is gambling going on”).
  11. Provide equity crowdfunding or project crowdfunding platform services. (Separation of asset classes by statute sounds like a hindrance to innovation).
  12. Other activities forbidden by applicable laws and regulations (legal catch all phrase).

This is a market without FICO that may invent a better alternative to FICO. That seems to be what ZZG360 is aiming for. The company is growing fast – with around 59 debt collection agencies and Rmb1.3bn ($195m) in debt on its platform. Like FICO, ZZG360 does not buy or sell debt. So it is not regulated, but by shining a data light on an opaque business it is part of the move from wild west to settler phase.

This clean-up phase also involves trading bad debt via online platforms. Companies with too much debt can sell unpaid accounts receivables or assets held as collateral in order to clean up their balance sheet. The banks have an unsustainable level of Non Performing Loans (NPL is officially 1.75%, but some analysts put the real figure as high as 15%). Internet Finance (the Chinese name for Fintech) may sort out this problem before the banks do.

On Friday, our investigation turns to Which Chinese MPL platforms will emerge from consolidation. Sign up to get our daily research delivered by email so you don’t miss this (link on top right of this site).


Daily Fintech Advisers provides strategic consulting to organizations with business and investment interests in Fintech & operates the Fintech Genome P2P Knowledge platform.


Wrap of Week #41: Barclays Techstars, Technopark meetup, Lendit Europe, Metromile, SmallBiz Fintech


cropped-dailyfintech_logo_blue_2016-04-14-03.pngInsights and takeaways from three venues: an accelerator, a meetup, a conference! The first was a check on the startups that made it 2yrs ago; the second a unique Reverse Pitch meetup and the third the European Lendit Conference.

First the reflection on the 11 startups that graduated from Barclays Techstars accelerator 2 years ago. We are old in Fintech land and we aren’t shy to show it. Enjoy our self-check: Whatever happened to…11 startups graduating from Barclays Techstars 2 years ago.

Second our insights from a Technopark Zurich meetup that combined Investors pitching first and then the Fintechs. Transparency missing from the suppliers of Capital to Fintechs. Check out also the new topic “Which crowdfunding platforms have a model that empowers the entrepreneur?

And last but not least, our takeaways from Lendit Europe in London. Check out on the Fintech Genome in the Lending category where the conversations continue.

In Insurtech, the latest hot new space, we covered Metromile and the promise of personalized Auto Insurance.

As banks continue to allocate to safe sectors, we all need to realize that Fintech is fueling economic growth especially in the small business. Don’t miss reading Why fintech companies should measure performance differently to banks.

The Fintech Genome platform

In the more recent Category for “Lending”; there is lots to discuss especially following the Lendit conference.

You can simply use the Search area (top right) to find topics that interest you.

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