The year 2007 was a watershed moment in financial services. That year saw the launch of mPesa in Kenya, the second iteration of the Payment Services Directive (PSD2), and the launch of the iPhone, which changed relationships with customers forever. Venture investment in startups in what would eventually be called fintech were just starting. It truly felt like we were on the verge of a revolution within financial services.
Over the past decade, every aspect of financial services has been rearranged, unbundled, and rebundled, as has the concept of what digital disruption looks like for incumbents in the space. Between new forms of customer value, and new directions for financial innovation, it’s more wild wild west than ever before. Tune in to this new episode of One Vision with Gregg Schoenberg, Managing Partner at Wescott Capital, and Founding Editor of the Financial Revolutionist, as he chats with Theo and Bradley of Unconventional Ventures about this ongoing revolution. Without the FR, this is as close as we can get with a fix of Gregg’s whimsical thoughts
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