Lumida Wealth : Non-Consensus Invest Beyond the Ordinary

NCI: FinTech Venture in 2024 & AI Trends with Frank Rotman, QED, Marc W. Two Sigma, & Simon Taylor, 11FS

Episode Summary

Join host Ram Ahluwalia of Lumida Wealth, and industry veterans Frank, Mark, and guest Simon for a sweeping exploration of the future of fintech, the impact of crypto, and the promise of AI on this episode of Non-Consensus Investing. Learn about current trends, the prospect of profitable consumer fintech banks, and where high-performing businesses are investing in this rapidly evolving field. Gain key insights into the timing of investments, the underutilized potential of machine learning, and the disruptive role of blockchain technology in the banking sector. For a more comprehensive understanding of the topics covered, head over to our YouTube channels to watch the charts mentioned in the podcast.

Episode Notes

00:00 Introduction and Welcome

00:32 Discussion on Fintech Trends

00:47 Guest Introduction and Background

01:23 Outlook for Fintech

05:00 Fintech in the International Market

07:32 Fintech in the U.S. Market

10:52 Tokenization in Fintech

13:51 Blockchain and Trust Issues

27:53 Fintech and AI

30:15 Fintech in the Future

38:34 The Competitive Landscape in Payment Space

40:02 Differentiation in the Payment Industry

41:57 The Shift in Business Building

43:29 The Business Cycle and Cost Optimization

44:49 The Shift in Consumer Fintech Bank Valuation

46:24 The Profitability of UK Digital Banks

48:00 The Future of Private Credit in Fintech

52:37 The Complexity Curve in Fintech

57:25 The Future of Fintech and Crypto

59:09 The Role of Superfans in the Creator Economy

01:07:47 The Future of AI in Fintech