Rarely have we seen so much uncertainty. Regulatory, fiscal policy, monetary policy—all in motion.
The risk to FinTech innovation is the metaphorical flight to blue chips. And I can confirm from senior sources that several tier-1 and tier-2 banks are abandoning any focus on early-stage FinTech. The bigger question: will the regulatory environment stymie innovation, including in WealthTech?
At the same time, alternatives are back in the spotlight.
Are you team private-equity-for-all—or team maybe a single mother of three doesn’t need venture and crypto in her IRA?
Regardless of camp, while retail investors account for roughly half of the world’s assets, they hold only about 10% of alternatives. Regulation and innovation will both play a role in re-balancing that allocation.
And FinTech itself is still young, as are the entrepreneurs driving it. Case in point: 74% of fintech entrepreneurs have only ever built in a zero-interest-rate world. What does the next wave look like now that the macro environment has flipped? Fresh ideas are already being tested far beyond another round of high-yield savings switch tools.
That’s why we’re hosting the next FinTech Best-in-Show Showcase—this time focused on WealthTech. Together with BPS Ventures, Fintech Is Femme, Mastercard, and AARP, we’ll spotlight the most innovative pre-series-A companies shaping the future of investing.
Favor: Nominate (or forward this to) your favorite founder before the showcase on October 8.
Nominate a Company →
Best,
Team Empire