Challenger banks, blockchain, marketplace lending, and robo-advisors are changing the way we think about finance. Recent events such as the the hack on the DAO and trouble at America’s largest marketplace lender remind us how quickly things can change.
A number of recent reports, conferences and events discuss developments in the space and how participants are responding. New incumbents have capitalized on low customer satisfaction at traditional financial institutions. Blockchain makes inroads, but not at the pace expected. Growth at robo advisors stumble, and marketplace lending wins in some sectors and geographies.
How are banks responding? How can entrepreneurs capitalize on the opportunity? What is the pulse of the venture community? Read on to find out: