It is interesting how the FinTech world has developed over the past decade.
CHRIS SKINNER Founder, author, FinTech50 panel member and global FinTech guru, Chris Skinner shares his take on unbundling, FATBAGs and the remarkable rise of FinTech from 2005 to FinTech 3.0
My first memory of any company that would fit the FinTech world stems way back to March 30, 2005. On that memorable evening, one of the founders of a technology start-up talked about a vision where platforms could connect people who have money with people who need money and have the risk managed by software. It would be like an eBay for money, he said, and the people would trust each other knowing that the system polices the activities. That person was Richard Duvall, co-founder of Zopa. Zopa has now grown into a megabrand in Britain, enabling 1000s to save and borrow through a peer-to-peer money network. Incredible. >>
