SlideShare une entreprise Scribd logo
1  sur  13
Télécharger pour lire hors ligne
0
Will the FinTech ride continue?
T h e 1 0 - m i n u t e k e yn o t e f o r
F i n Te c h S a n d b o x D e m o D a y ( N Y C )
D a v i d J e g e n
P a r t n e r, F - P r i m e C a p i t a l
A p r i l 2 0 1 8
1
2
FINTECH PORTFOLIO
Capital Markets
Wealth Management
Lending
Insurance
Payments
ENTERPRISE PORTFOLIO
DevOps SaaS/ Enterprise
Data analytics
Security
HEALTHCARE PORTFOLIO
Healthcare IT Medical devices/tools Therapeutics
NOTE: NOT EXHAUSTIVE
3NOTE: FINTECH INVESTMENT INCLUDES ALL VC STAGE FINANCINGS, INDUSTRY: FINANCIAL SERVICES, VERTICALS: FINTECH
SOURCE: PITCHBOOK; TEAM ANALYSIS
FinTech was not always so exciting
Past Present Future
4INCLUDES VENTURE-BACKED FINANCIAL INSTITUTIONS, FINANCIAL MANAGEMENT SOFTWARE, AND FINANCIAL SERVICES SOFTWARE; GREENDOT FIRST IPO
SOURCE: DOW JONES VENTURESOURCE; CAPITALIQ; TEAM ANALYSIS
FinTech meant selling Tech to Financial Institutions
1,000
0
2,000
5,000
4,000
3,000
6,000
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Exit Value
Revenue
$606M
$380M
/ Exit Value
Revenue
$636M
$232M
Exit Value
Revenue
$1B
$93M
IPO
Exit Value $3B
Revenue $493M
Exit Value
Revenue
$508M
$166M
/
Exit Value
Revenue
$1.5B
$104.8M
/ /
IPO
IPO
/
Exits by Theme: Electronification Online Brokerage Payments
Exit Value $1.5B
Revenue $377MExit Value $625M
Revenue $159M
/
Exit Value $50M
Investments Exits
5SOURCE: GIGAOM, CAPITALIQ, OLIVER WYMAN, PROGRAMMABLE WEB, F-PRIME ANALYSIS
2012 inflection in mobile, cloud and APIs
Mobile + Cloud Computing
Era
1st iPhone
Netflix moves to
cloud with AWS
1st Android
phone
Facebook
mobile
launch
AWS
launched
AWS revenue
Active smartphones
FB Mobile monthly
active users
Cumulative FSI APIs, 2005-2017
792x
New APIs since 2011, by Sector
The API Economy
Present
6SOURCE: COMPANY REPORTS / WEBSITES; F-PRIME ANALYSIS
CAC = CUSTOMER ACQUISITION COST
FinTech startups scaled faster than ever
~$10 - $20 CAC
0 20 40 60 80 100 120
1,500
1,000
2,000
500
0
3,500
2,500
3,000
Users (K)
Months after launch
~$500 - $1,000 CAC
Present
7
ILLUSTRATIVE: INCLUDES COMPANIES NO LONGER PRIVATELY HELD. LOVELY UNICORN BORROWED FROM ANONYMOUS AUTHOR, BUT ATTRIBUTION NOTED
Producing an unprecedented number of Unicorns
Banking
InsurancePayments
Lending
Accounting
Investment Real Estate
Other financial
services
Present
8
Will the FinTech party
continue?
Future
9
*FIRE = FINANCIAL SERVICES, INSURANCE AND REAL ESTATE.
SOURCE: FRED
20%
Future
Financial services comprise 20% of US GDP –
FinTech startups have room to grow
10
A new API-enabled financial services stack is emerging –
cementing startups’ ability to launch quickly
Customer
Interface
Data Access
Market
Infrastructure
Transactions
IT Infrastructure
Middle / Back
Office
Banking /
Payments
Capital Markets
FinancialServicesStack
Apex today, but not long term
Future
11
And we have barely touched market infrastructure
Customer
Interface
Data Access
Market
Infrastructure
Transactions
IT Infrastructure
Middle / Back
Office
Banking /
Payments
Capital Markets
FinancialServicesStack
Apex today, but not long term
Stellar Ripple 0xEthereum
Future
12
Software eats financial services – extending and
embedding FinTech into new industries
Data Access
Market
Infrastructure
Transactions
Middle / Back Office
FinancialServicesStack
Healthcare
Restaurants
HealthcareReal estate
Decentralized IT
infrastructure
APIs
Future

Contenu connexe

Tendances

Duncan Davidson - Series A crunch
Duncan Davidson  - Series A crunch  Duncan Davidson  - Series A crunch
Duncan Davidson - Series A crunch Vator
 
Atomico Need-to-Know 17 September 2018
Atomico Need-to-Know 17 September 2018Atomico Need-to-Know 17 September 2018
Atomico Need-to-Know 17 September 2018Atomico
 
Investorppt V 1 3 7 17 2009
Investorppt V 1 3 7 17 2009Investorppt V 1 3 7 17 2009
Investorppt V 1 3 7 17 2009guest306b881
 
H2 fintech-innovators-2017
H2 fintech-innovators-2017H2 fintech-innovators-2017
H2 fintech-innovators-2017Gaudefroy Ariane
 
Mercer Capital's Value Focus: FinTech Industry | 4Q 2014 | Focus: 2014 FinTec...
Mercer Capital's Value Focus: FinTech Industry | 4Q 2014 | Focus: 2014 FinTec...Mercer Capital's Value Focus: FinTech Industry | 4Q 2014 | Focus: 2014 FinTec...
Mercer Capital's Value Focus: FinTech Industry | 4Q 2014 | Focus: 2014 FinTec...Mercer Capital
 
Martech Q4 2017 Startup Highlights
Martech Q4 2017 Startup HighlightsMartech Q4 2017 Startup Highlights
Martech Q4 2017 Startup HighlightsNathan Pacer
 
Thomvest Ventures Real Estate Tech Review, Fall 2019
Thomvest Ventures Real Estate Tech Review, Fall 2019Thomvest Ventures Real Estate Tech Review, Fall 2019
Thomvest Ventures Real Estate Tech Review, Fall 2019Thomvest Ventures
 
Blockchain Tech Q1 2018 Startup Highlights
Blockchain Tech Q1 2018 Startup HighlightsBlockchain Tech Q1 2018 Startup Highlights
Blockchain Tech Q1 2018 Startup HighlightsNathan Pacer
 
Artificial Intelligence (AI) Q4 2017 Startup Highlights
Artificial Intelligence (AI) Q4 2017 Startup HighlightsArtificial Intelligence (AI) Q4 2017 Startup Highlights
Artificial Intelligence (AI) Q4 2017 Startup HighlightsNathan Pacer
 
AI Q1 2018 Startup Highlights
AI Q1 2018 Startup HighlightsAI Q1 2018 Startup Highlights
AI Q1 2018 Startup HighlightsNathan Pacer
 
White Star Capital - German Venture Capital Landscape 2018
White Star Capital - German Venture Capital Landscape 2018White Star Capital - German Venture Capital Landscape 2018
White Star Capital - German Venture Capital Landscape 2018Sanjay Zimmermann
 
2O19 Fintech Trends To Watch
2O19 Fintech Trends To Watch 2O19 Fintech Trends To Watch
2O19 Fintech Trends To Watch Peerasak C.
 
Lexology Getting the Deal Through Fintech Ireland 2020
Lexology Getting the Deal Through Fintech Ireland 2020Lexology Getting the Deal Through Fintech Ireland 2020
Lexology Getting the Deal Through Fintech Ireland 2020Matheson Law Firm
 
Video Tech Q4 2017 Startup Highlights
Video Tech Q4 2017 Startup HighlightsVideo Tech Q4 2017 Startup Highlights
Video Tech Q4 2017 Startup HighlightsNathan Pacer
 
Is vc still a thing final
Is vc still a thing   finalIs vc still a thing   final
Is vc still a thing finalMark Suster
 

Tendances (18)

Duncan Davidson - Series A crunch
Duncan Davidson  - Series A crunch  Duncan Davidson  - Series A crunch
Duncan Davidson - Series A crunch
 
Atomico Need-to-Know 17 September 2018
Atomico Need-to-Know 17 September 2018Atomico Need-to-Know 17 September 2018
Atomico Need-to-Know 17 September 2018
 
Investorppt V 1 3 7 17 2009
Investorppt V 1 3 7 17 2009Investorppt V 1 3 7 17 2009
Investorppt V 1 3 7 17 2009
 
H2 fintech-innovators-2017
H2 fintech-innovators-2017H2 fintech-innovators-2017
H2 fintech-innovators-2017
 
Mercer Capital's Value Focus: FinTech Industry | 4Q 2014 | Focus: 2014 FinTec...
Mercer Capital's Value Focus: FinTech Industry | 4Q 2014 | Focus: 2014 FinTec...Mercer Capital's Value Focus: FinTech Industry | 4Q 2014 | Focus: 2014 FinTec...
Mercer Capital's Value Focus: FinTech Industry | 4Q 2014 | Focus: 2014 FinTec...
 
Brazil Digital Report - 1st Edition
Brazil Digital Report - 1st EditionBrazil Digital Report - 1st Edition
Brazil Digital Report - 1st Edition
 
Martech Q4 2017 Startup Highlights
Martech Q4 2017 Startup HighlightsMartech Q4 2017 Startup Highlights
Martech Q4 2017 Startup Highlights
 
Bessemer's 2016 State of the Cloud
Bessemer's 2016 State of the Cloud Bessemer's 2016 State of the Cloud
Bessemer's 2016 State of the Cloud
 
Thomvest Ventures Real Estate Tech Review, Fall 2019
Thomvest Ventures Real Estate Tech Review, Fall 2019Thomvest Ventures Real Estate Tech Review, Fall 2019
Thomvest Ventures Real Estate Tech Review, Fall 2019
 
InsureTech
InsureTechInsureTech
InsureTech
 
Blockchain Tech Q1 2018 Startup Highlights
Blockchain Tech Q1 2018 Startup HighlightsBlockchain Tech Q1 2018 Startup Highlights
Blockchain Tech Q1 2018 Startup Highlights
 
Artificial Intelligence (AI) Q4 2017 Startup Highlights
Artificial Intelligence (AI) Q4 2017 Startup HighlightsArtificial Intelligence (AI) Q4 2017 Startup Highlights
Artificial Intelligence (AI) Q4 2017 Startup Highlights
 
AI Q1 2018 Startup Highlights
AI Q1 2018 Startup HighlightsAI Q1 2018 Startup Highlights
AI Q1 2018 Startup Highlights
 
White Star Capital - German Venture Capital Landscape 2018
White Star Capital - German Venture Capital Landscape 2018White Star Capital - German Venture Capital Landscape 2018
White Star Capital - German Venture Capital Landscape 2018
 
2O19 Fintech Trends To Watch
2O19 Fintech Trends To Watch 2O19 Fintech Trends To Watch
2O19 Fintech Trends To Watch
 
Lexology Getting the Deal Through Fintech Ireland 2020
Lexology Getting the Deal Through Fintech Ireland 2020Lexology Getting the Deal Through Fintech Ireland 2020
Lexology Getting the Deal Through Fintech Ireland 2020
 
Video Tech Q4 2017 Startup Highlights
Video Tech Q4 2017 Startup HighlightsVideo Tech Q4 2017 Startup Highlights
Video Tech Q4 2017 Startup Highlights
 
Is vc still a thing final
Is vc still a thing   finalIs vc still a thing   final
Is vc still a thing final
 

Similaire à Will the FinTech Ride Continue?

Finch Capital FinTech Prediction 2019
Finch Capital FinTech Prediction 2019Finch Capital FinTech Prediction 2019
Finch Capital FinTech Prediction 2019Aman Ghei
 
FinTech Research Global & Future of FinTech
FinTech Research Global & Future of FinTechFinTech Research Global & Future of FinTech
FinTech Research Global & Future of FinTechSaba Fatima
 
AI in Banking and Financial Services
AI in Banking and Financial ServicesAI in Banking and Financial Services
AI in Banking and Financial ServicesNiraj Vaidya
 
2019 Accel Euroscape: The Rise of Europe
2019 Accel Euroscape: The Rise of Europe2019 Accel Euroscape: The Rise of Europe
2019 Accel Euroscape: The Rise of EuropePhilippe Botteri
 
A data-driven look at financing trends, investors, and hot markets within the...
A data-driven look at financing trends, investors, and hot markets within the...A data-driven look at financing trends, investors, and hot markets within the...
A data-driven look at financing trends, investors, and hot markets within the...Netreba
 
SaaStock 19 - Philippe Botteri
SaaStock 19 - Philippe BotteriSaaStock 19 - Philippe Botteri
SaaStock 19 - Philippe BotteriSaaStock
 
2017 Technology Predictions - GP.Bullhound
2017 Technology Predictions - GP.Bullhound2017 Technology Predictions - GP.Bullhound
2017 Technology Predictions - GP.BullhoundFrenchWeb.fr
 
FinTech 2015 Edinburgh
FinTech 2015 EdinburghFinTech 2015 Edinburgh
FinTech 2015 EdinburghRay Bugg
 
Fintech: finance accounting and technology.pptx
Fintech: finance accounting and technology.pptxFintech: finance accounting and technology.pptx
Fintech: finance accounting and technology.pptxsubhakantskm
 
Tracxn Research Ad Tech Landscape, October 2016
Tracxn Research  Ad Tech Landscape, October 2016Tracxn Research  Ad Tech Landscape, October 2016
Tracxn Research Ad Tech Landscape, October 2016Tracxn
 
FinLeap - NOAH17 Berlin
FinLeap - NOAH17 BerlinFinLeap - NOAH17 Berlin
FinLeap - NOAH17 BerlinNOAH Advisors
 
Artificial Intelligence (AI) 100 Startups 2017
Artificial Intelligence (AI) 100 Startups 2017Artificial Intelligence (AI) 100 Startups 2017
Artificial Intelligence (AI) 100 Startups 2017Sota Watanabe
 
Venture Scanner Fintech Report Q1 2017
Venture Scanner Fintech Report Q1 2017Venture Scanner Fintech Report Q1 2017
Venture Scanner Fintech Report Q1 2017Nathan Pacer
 
Mobile Enterprise Trends 2015 - Emergence Capital
Mobile Enterprise Trends 2015 - Emergence CapitalMobile Enterprise Trends 2015 - Emergence Capital
Mobile Enterprise Trends 2015 - Emergence CapitalEmergence Capital
 
Tracxn Research - Mobile Payments Report, April 2017
Tracxn Research - Mobile Payments Report, April 2017Tracxn Research - Mobile Payments Report, April 2017
Tracxn Research - Mobile Payments Report, April 2017Tracxn
 
201201 b innopay presentation hft
201201 b innopay presentation hft201201 b innopay presentation hft
201201 b innopay presentation hftbakkertje99999
 

Similaire à Will the FinTech Ride Continue? (20)

Finch Capital FinTech Prediction 2019
Finch Capital FinTech Prediction 2019Finch Capital FinTech Prediction 2019
Finch Capital FinTech Prediction 2019
 
FinTech Research Global & Future of FinTech
FinTech Research Global & Future of FinTechFinTech Research Global & Future of FinTech
FinTech Research Global & Future of FinTech
 
AI in Banking and Financial Services
AI in Banking and Financial ServicesAI in Banking and Financial Services
AI in Banking and Financial Services
 
2019 Accel Euroscape: The Rise of Europe
2019 Accel Euroscape: The Rise of Europe2019 Accel Euroscape: The Rise of Europe
2019 Accel Euroscape: The Rise of Europe
 
A data-driven look at financing trends, investors, and hot markets within the...
A data-driven look at financing trends, investors, and hot markets within the...A data-driven look at financing trends, investors, and hot markets within the...
A data-driven look at financing trends, investors, and hot markets within the...
 
SaaStock 19 - Philippe Botteri
SaaStock 19 - Philippe BotteriSaaStock 19 - Philippe Botteri
SaaStock 19 - Philippe Botteri
 
Financial Technology Trends in 2016
Financial Technology Trends in 2016Financial Technology Trends in 2016
Financial Technology Trends in 2016
 
2017 Technology Predictions - GP.Bullhound
2017 Technology Predictions - GP.Bullhound2017 Technology Predictions - GP.Bullhound
2017 Technology Predictions - GP.Bullhound
 
FinTech 2015 Edinburgh
FinTech 2015 EdinburghFinTech 2015 Edinburgh
FinTech 2015 Edinburgh
 
The Fintechs
The FintechsThe Fintechs
The Fintechs
 
Fintech: finance accounting and technology.pptx
Fintech: finance accounting and technology.pptxFintech: finance accounting and technology.pptx
Fintech: finance accounting and technology.pptx
 
Tracxn Research Ad Tech Landscape, October 2016
Tracxn Research  Ad Tech Landscape, October 2016Tracxn Research  Ad Tech Landscape, October 2016
Tracxn Research Ad Tech Landscape, October 2016
 
FinLeap - NOAH17 Berlin
FinLeap - NOAH17 BerlinFinLeap - NOAH17 Berlin
FinLeap - NOAH17 Berlin
 
Artificial Intelligence (AI) 100 Startups 2017
Artificial Intelligence (AI) 100 Startups 2017Artificial Intelligence (AI) 100 Startups 2017
Artificial Intelligence (AI) 100 Startups 2017
 
Venture Scanner Fintech Report Q1 2017
Venture Scanner Fintech Report Q1 2017Venture Scanner Fintech Report Q1 2017
Venture Scanner Fintech Report Q1 2017
 
Mobile Enterprise Trends 2015 - Emergence Capital
Mobile Enterprise Trends 2015 - Emergence CapitalMobile Enterprise Trends 2015 - Emergence Capital
Mobile Enterprise Trends 2015 - Emergence Capital
 
OUR M&A PERSPECTIVE ON THE GLOBAL FINTECH SECTOR
OUR M&A PERSPECTIVE ON THE GLOBAL FINTECH SECTOROUR M&A PERSPECTIVE ON THE GLOBAL FINTECH SECTOR
OUR M&A PERSPECTIVE ON THE GLOBAL FINTECH SECTOR
 
2017 technology-trends by pwc.
2017 technology-trends by pwc.2017 technology-trends by pwc.
2017 technology-trends by pwc.
 
Tracxn Research - Mobile Payments Report, April 2017
Tracxn Research - Mobile Payments Report, April 2017Tracxn Research - Mobile Payments Report, April 2017
Tracxn Research - Mobile Payments Report, April 2017
 
201201 b innopay presentation hft
201201 b innopay presentation hft201201 b innopay presentation hft
201201 b innopay presentation hft
 

Dernier

Slicing Work on Business Agility Meetup Berlin
Slicing Work on Business Agility Meetup BerlinSlicing Work on Business Agility Meetup Berlin
Slicing Work on Business Agility Meetup BerlinAnton Skornyakov
 
Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access
 
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdfTalent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdfCharles Cotter, PhD
 
Team B Mind Map for Organizational Chg..
Team B Mind Map for Organizational Chg..Team B Mind Map for Organizational Chg..
Team B Mind Map for Organizational Chg..dlewis191
 
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...IMARC Group
 
Anyhr.io | Presentation HR&Recruiting agency
Anyhr.io | Presentation HR&Recruiting agencyAnyhr.io | Presentation HR&Recruiting agency
Anyhr.io | Presentation HR&Recruiting agencyHanna Klim
 
Data skills for Agile Teams- Killing story points
Data skills for Agile Teams- Killing story pointsData skills for Agile Teams- Killing story points
Data skills for Agile Teams- Killing story pointsyasinnathani
 
PDT 88 - 4 million seed - Seed - Protecto.pdf
PDT 88 - 4 million seed - Seed - Protecto.pdfPDT 88 - 4 million seed - Seed - Protecto.pdf
PDT 88 - 4 million seed - Seed - Protecto.pdfHajeJanKamps
 
TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...
TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...
TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...TalentView
 
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for BusinessQ2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for BusinessAPCO
 
PDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdfPDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdfHajeJanKamps
 
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdfGraham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdfAnhNguyen97152
 
Live-Streaming in the Music Industry Webinar
Live-Streaming in the Music Industry WebinarLive-Streaming in the Music Industry Webinar
Live-Streaming in the Music Industry WebinarNathanielSchmuck
 
Entrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizationsEntrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizationsP&CO
 
Lecture_6.pptx English speaking easyb to
Lecture_6.pptx English speaking easyb toLecture_6.pptx English speaking easyb to
Lecture_6.pptx English speaking easyb toumarfarooquejamali32
 
Cracking the ‘Business Process Outsourcing’ Code Main.pptx
Cracking the ‘Business Process Outsourcing’ Code Main.pptxCracking the ‘Business Process Outsourcing’ Code Main.pptx
Cracking the ‘Business Process Outsourcing’ Code Main.pptxWorkforce Group
 
Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024Borderless Access
 
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdfChicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdfSourav Sikder
 
BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John Meulemans
BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John MeulemansBCE24 | Virtual Brand Ambassadors: Making Brands Personal - John Meulemans
BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John MeulemansBBPMedia1
 
Developing Coaching Skills: Mine, Yours, Ours
Developing Coaching Skills: Mine, Yours, OursDeveloping Coaching Skills: Mine, Yours, Ours
Developing Coaching Skills: Mine, Yours, OursKaiNexus
 

Dernier (20)

Slicing Work on Business Agility Meetup Berlin
Slicing Work on Business Agility Meetup BerlinSlicing Work on Business Agility Meetup Berlin
Slicing Work on Business Agility Meetup Berlin
 
Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024
 
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdfTalent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
Talent Management research intelligence_13 paradigm shifts_20 March 2024.pdf
 
Team B Mind Map for Organizational Chg..
Team B Mind Map for Organizational Chg..Team B Mind Map for Organizational Chg..
Team B Mind Map for Organizational Chg..
 
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
 
Anyhr.io | Presentation HR&Recruiting agency
Anyhr.io | Presentation HR&Recruiting agencyAnyhr.io | Presentation HR&Recruiting agency
Anyhr.io | Presentation HR&Recruiting agency
 
Data skills for Agile Teams- Killing story points
Data skills for Agile Teams- Killing story pointsData skills for Agile Teams- Killing story points
Data skills for Agile Teams- Killing story points
 
PDT 88 - 4 million seed - Seed - Protecto.pdf
PDT 88 - 4 million seed - Seed - Protecto.pdfPDT 88 - 4 million seed - Seed - Protecto.pdf
PDT 88 - 4 million seed - Seed - Protecto.pdf
 
TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...
TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...
TalentView Webinar: Empowering the Modern Workforce_ Redefininig Success from...
 
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for BusinessQ2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
 
PDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdfPDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdf
 
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdfGraham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdf
 
Live-Streaming in the Music Industry Webinar
Live-Streaming in the Music Industry WebinarLive-Streaming in the Music Industry Webinar
Live-Streaming in the Music Industry Webinar
 
Entrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizationsEntrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizations
 
Lecture_6.pptx English speaking easyb to
Lecture_6.pptx English speaking easyb toLecture_6.pptx English speaking easyb to
Lecture_6.pptx English speaking easyb to
 
Cracking the ‘Business Process Outsourcing’ Code Main.pptx
Cracking the ‘Business Process Outsourcing’ Code Main.pptxCracking the ‘Business Process Outsourcing’ Code Main.pptx
Cracking the ‘Business Process Outsourcing’ Code Main.pptx
 
Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024
 
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdfChicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
 
BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John Meulemans
BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John MeulemansBCE24 | Virtual Brand Ambassadors: Making Brands Personal - John Meulemans
BCE24 | Virtual Brand Ambassadors: Making Brands Personal - John Meulemans
 
Developing Coaching Skills: Mine, Yours, Ours
Developing Coaching Skills: Mine, Yours, OursDeveloping Coaching Skills: Mine, Yours, Ours
Developing Coaching Skills: Mine, Yours, Ours
 

Will the FinTech Ride Continue?

  • 1. 0 Will the FinTech ride continue? T h e 1 0 - m i n u t e k e yn o t e f o r F i n Te c h S a n d b o x D e m o D a y ( N Y C ) D a v i d J e g e n P a r t n e r, F - P r i m e C a p i t a l A p r i l 2 0 1 8
  • 2. 1
  • 3. 2 FINTECH PORTFOLIO Capital Markets Wealth Management Lending Insurance Payments ENTERPRISE PORTFOLIO DevOps SaaS/ Enterprise Data analytics Security HEALTHCARE PORTFOLIO Healthcare IT Medical devices/tools Therapeutics NOTE: NOT EXHAUSTIVE
  • 4. 3NOTE: FINTECH INVESTMENT INCLUDES ALL VC STAGE FINANCINGS, INDUSTRY: FINANCIAL SERVICES, VERTICALS: FINTECH SOURCE: PITCHBOOK; TEAM ANALYSIS FinTech was not always so exciting Past Present Future
  • 5. 4INCLUDES VENTURE-BACKED FINANCIAL INSTITUTIONS, FINANCIAL MANAGEMENT SOFTWARE, AND FINANCIAL SERVICES SOFTWARE; GREENDOT FIRST IPO SOURCE: DOW JONES VENTURESOURCE; CAPITALIQ; TEAM ANALYSIS FinTech meant selling Tech to Financial Institutions 1,000 0 2,000 5,000 4,000 3,000 6,000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Exit Value Revenue $606M $380M / Exit Value Revenue $636M $232M Exit Value Revenue $1B $93M IPO Exit Value $3B Revenue $493M Exit Value Revenue $508M $166M / Exit Value Revenue $1.5B $104.8M / / IPO IPO / Exits by Theme: Electronification Online Brokerage Payments Exit Value $1.5B Revenue $377MExit Value $625M Revenue $159M / Exit Value $50M Investments Exits
  • 6. 5SOURCE: GIGAOM, CAPITALIQ, OLIVER WYMAN, PROGRAMMABLE WEB, F-PRIME ANALYSIS 2012 inflection in mobile, cloud and APIs Mobile + Cloud Computing Era 1st iPhone Netflix moves to cloud with AWS 1st Android phone Facebook mobile launch AWS launched AWS revenue Active smartphones FB Mobile monthly active users Cumulative FSI APIs, 2005-2017 792x New APIs since 2011, by Sector The API Economy Present
  • 7. 6SOURCE: COMPANY REPORTS / WEBSITES; F-PRIME ANALYSIS CAC = CUSTOMER ACQUISITION COST FinTech startups scaled faster than ever ~$10 - $20 CAC 0 20 40 60 80 100 120 1,500 1,000 2,000 500 0 3,500 2,500 3,000 Users (K) Months after launch ~$500 - $1,000 CAC Present
  • 8. 7 ILLUSTRATIVE: INCLUDES COMPANIES NO LONGER PRIVATELY HELD. LOVELY UNICORN BORROWED FROM ANONYMOUS AUTHOR, BUT ATTRIBUTION NOTED Producing an unprecedented number of Unicorns Banking InsurancePayments Lending Accounting Investment Real Estate Other financial services Present
  • 9. 8 Will the FinTech party continue? Future
  • 10. 9 *FIRE = FINANCIAL SERVICES, INSURANCE AND REAL ESTATE. SOURCE: FRED 20% Future Financial services comprise 20% of US GDP – FinTech startups have room to grow
  • 11. 10 A new API-enabled financial services stack is emerging – cementing startups’ ability to launch quickly Customer Interface Data Access Market Infrastructure Transactions IT Infrastructure Middle / Back Office Banking / Payments Capital Markets FinancialServicesStack Apex today, but not long term Future
  • 12. 11 And we have barely touched market infrastructure Customer Interface Data Access Market Infrastructure Transactions IT Infrastructure Middle / Back Office Banking / Payments Capital Markets FinancialServicesStack Apex today, but not long term Stellar Ripple 0xEthereum Future
  • 13. 12 Software eats financial services – extending and embedding FinTech into new industries Data Access Market Infrastructure Transactions Middle / Back Office FinancialServicesStack Healthcare Restaurants HealthcareReal estate Decentralized IT infrastructure APIs Future