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S4 Ep12: Breaking Down the Five Waves of Fintech, with Charles Birnbaum

Summary

You can’t disrupt fintech unless you fully understand its storied history. So what are the biggest lessons we can take away from the past?  Join Alex for a fascinating conversation with Charles Birnbaum, Partner at Bessemer Venture Partners and author of the article “The Five Waves of Fintech,” as they dive into the five major phases of disruption in the financial services industry. From before the term “fintech” was coined to the impending technological ripples in the future and beyond, Charles shares his insights on the different segments within fintech and the proof points needed for fintech companies to succeed in the coming years.  And later, Alex and Charles discuss the embedded fintech wave and its slower-than-expected progress, as well as the potential catalysts for a new wave of innovation.    00:02:55 - Understanding the History of Fintech 00:08:44 - Wave One 00:17:47 - Wave Two 00:21:29 - The Future of Valuing Fintech Businesses 00:29:38 - The Slow Rise of Fintech 00:34:07 - Navigating Sales in the Financial Industry 00:40:30 - Wave Three 00:41:35 - Wave Four 00:50:50 - Wave Five 00:56:07 - New Waves in Real-Time Payments   Sign up for Alex’s Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/   And for more exclusive insider content, don’t forget to check out my YouTube page.   Read “The Five Waves of Fintech”: Website: https://www.bvp.com/atlas/the-five-waves-of-fintech   Follow Charles:  LinkedIn: https://www.linkedin.com/in/charlesbirnbaum/   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: linkedin.com/in/alexhjohnson Twitter: twitter.com/AlexH_Johnson For more information, please visit www.crowe.com/fintech

First published

09/27/2023

Genres

business news

Duration

52 minutes

Parent Podcast

Fintech Takes

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Episode Description

You can’t disrupt fintech unless you fully understand its storied history. So what are the biggest lessons we can take away from the past?  Join Alex for a fascinating conversation with Charles Birnbaum, Partner at Bessemer Venture Partners and author of the article “The Five Waves of Fintech,” as they dive into the five major phases of disruption in the financial services industry. From before the term “fintech” was coined to the impending technological ripples in the future and beyond, Charles shares his insights on the different segments within fintech and the proof points needed for fintech companies to succeed in the coming years.  And later, Alex and Charles discuss the embedded fintech wave and its slower-than-expected progress, as well as the potential catalysts for a new wave of innovation.    00:02:55 - Understanding the History of Fintech 00:08:44 - Wave One 00:17:47 - Wave Two 00:21:29 - The Future of Valuing Fintech Businesses 00:29:38 - The Slow Rise of Fintech 00:34:07 - Navigating Sales in the Financial Industry 00:40:30 - Wave Three 00:41:35 - Wave Four 00:50:50 - Wave Five 00:56:07 - New Waves in Real-Time Payments   Sign up for Alex’s Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/   And for more exclusive insider content, don’t forget to check out my YouTube page.   Read “The Five Waves of Fintech”: Website: https://www.bvp.com/atlas/the-five-waves-of-fintech   Follow Charles:  LinkedIn: https://www.linkedin.com/in/charlesbirnbaum/   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: linkedin.com/in/alexhjohnson Twitter: twitter.com/AlexH_Johnson For more information, please visit www.crowe.com/fintech

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