Episode 14: Taking the arcana out of Fintech

Burning desire of financial tech is to simply demystify finance for people. Internal vs external finance. Which is sexier? We can’t transfer money in the US. Why? Probably because 30% of all finance technology cost is fraud. What about sending money to other countries? Still hard. #Millennials are now the excuse for all innovation (and nothing less). Will blue collar or white collar jobs disappear first because of tech? Finance is betting on white collar. Banking in a refugee state. What is the essen of banking? Robo advisors, simulations, and nudging might be the future. What do you think?