Payments was the easy part: what’s next in Fintech
Lots of Fintech innovation has been structured around payments, but open data and digital identity present a big opportunity for future Fintech startups. While a lot of the focus to date has been on B2C, there is a big opportunity in B2C.
New Zealand fintech has done well out of payments. Payments has been the sector’s strongest lever, and it still is. But the momentum is shifting toward a broader open data and digital identity layer, opening up a new wave of Fintech startups.
Creative HQ and FinTechNZ are hosting an evening panel on that shift, built on Theme 4 of the FinTechNZ Insights Report, “Innovation in Financial Services”.
Three things we want to get into:
- Payments took us here, but the next products get built on open data and digital identity, not transactions.
- Innovation is skewed heavily toward consumer apps. B2B, wholesale and core infrastructure are still under-served, and that is where a lot of the value sits.
- New Zealand is under-regulated in the wrong places. Clear licensing and sensible guardrails would unlock confidence and capital rather than slow things down.
On the panel:
- Sasha Lockley, founder of MoneySweetSpot.
- Adrian Smith of CEO BlinkPay.
- Nicola Raynes-Pene, Partner, Consulting and National Industry Lead for Financial Services at KPMG.
Who it is for: founders building in and around financial services, investors, regulators, and corporate innovators trying to create new Fintech innovation.
Free to attend. Drinks and nibbles provided.
