Money20/20

Whale Cloud and Ant International have formed a strategic partnership that has the potential to reshape the landscape of digital wallets and super apps. This collaboration brings together Whale Cloud's extensive industry knowledge and global presence with Ant International's advanced Alipay+ Wallet Tech. What This Means for the Market: > Accelerated Financial Inclusion: This partnership will empower businesses worldwide to create world-class e-wallets and super apps, bringing the benefits of digital finance to underserved populations. > Enhanced User Experience: The integration of Alipay+ Wallet Tech will enable more seamless and secure payment experiences, along with a wider range of financial and lifestyle services within super app ecosystems. > Increased Competition: This move is likely to spur innovation and competition in the digital wallet and super app space, driving further improvements in user experience and functionality. > Global Expansion: The partnership's focus on global expansion signals a significant growth opportunity for investors interested in the digital payments and fintech sectors. Ant Group's Growing Investments in AI and Tech In parallel, Ant Group's significant investments in AI and R&D, including the development of its large language model BaiLing, demonstrate its commitment to innovation and staying at the forefront of the fintech industry. Their expansion into international markets and continued dominance in China further solidify their position as a major player in the global fintech landscape. Key Takeaways: > The digital wallet and super app market is ripe for investment, with significant growth potential. > Ant Group's continued innovation and expansion make them a company to watch closely. > This partnership is a prime example of how strategic collaborations can drive innovation and accelerate market growth. #fintech #digitalwallets #superapps #investment #innovation #AI

ICYMI, we recently announced our first 25 speakers for #Money2020USA! Look, these aren't your average speakers. They’re THE top industry leaders, the change-makers, disruptors, and innovators, all coming together to share their unique expertise, lessons learned, and visionary ideas with YOU. So, ready for the insights you NEED to take control of your business's future success? Then you know what to do, join them now → https://lnkd.in/ePnXFEcH P.S. Don't forget pass price goes up real soon (Friday, June 28), so don't delay!

Wondering who’s coming to Money20/20 USA this fall? Look no further! You can expect to meet these companies on and off the show floor: Amdocs, Salesforce, Pine Labs, Infosys, TMT ID and Wipro. See the ever-growing list: https://lnkd.in/eYdUWNFF Getting FOMO from all the success stories coming out of Money20/20 Europe last week? You’ve got one more chance this year to make THE biggest impact on your annual business goals at Money20/20 USA in Vegas in October; from building partnerships to deal acceleration. Get in touch to discover how sponsorship can drive your business forward today. https://lnkd.in/eA8Sssms

Fintech Funding in 2023: Where Did VCs Place Their Bets? The 2023 fintech funding landscape looked different from previous years, but there are still valuable insights to glean. While overall investment cooled compared to 2022, strategic shifts and emerging trends offer a glimpse into where the smart money is moving. Key Global Trends: > Cooling Market: Global fintech investment declined in 2023, reaching $51.2 billion. While lower than 2022, it still indicates sustained interest in the sector. > Dominant Players: North America, particularly the U.S., remained a powerhouse, attracting 47% of global investment. Europe held its ground, especially in the UK. > Resilient Subsectors: Digital lending, payments, and banking tech continued to attract significant funding, showcasing their enduring appeal. Regional Spotlight: > North America: Maintained a strong lead, with California and New York as major hubs. Emerging markets like Florida and Texas are worth watching. > Europe: UK fintech faced a funding drop, but London remained a major global player. Other European countries showed resilience, particularly in niche areas. > Asia: Experienced a significant slowdown, but opportunities still exist in areas like digital lending and payments.   What This Means for VCs: > Shifting Priorities: VCs are becoming more selective, focusing on companies with solid business models and clear paths to profitability. > Later-Stage Deals: A trend towards later-stage deals emerged, reflecting a preference for less risky investments with proven traction. > Emerging Opportunities: Areas like embedded finance, B2B fintech, and Web3 applications present potential for future growth. Want to discuss the data in more detail? Connect with us to explore potential opportunities and navigate the fintech landscape. #fintech #venturecapital #investment #fundingtrends

Wait Nicola Ebmeyer, CEO of Gain.pro, said what about Money20/20? We caught up with Nicola right after her captivating session 'Going Global? You Need To Hear This'. She shared her key takeaways and her thoughts on the hottest trends right now. Check out what she had to say!

Senior decision makers to your left. Future partners to your right. With every corner of the money ecosystem covered, every interaction at #Money2020Asia is a business opportunity. 🤝 Access the full attendee list here: https://bit.ly/3yWIUx7

Trustly's AI-Powered Payments: Unlocking Growth in the European Subscription Market Trustly, a global leader in open banking payments, just launched an AI-powered recurring payments solution that's set to redefine the European subscription economy. For VCs, this means a major opportunity to invest in a technology that's poised to disrupt a rapidly growing market. Why This Matters: > Market Potential: The subscription market is projected to hit $1.5 trillion by 2025. Trustly's solution directly addresses the pain points hindering this growth. > Reduced Churn, Increased Revenue: The AI-powered system minimizes involuntary churn, a major concern for subscription businesses. By ensuring timely payments and reducing failed transactions, Trustly helps companies retain customers and maximize revenue. > Enhanced Customer Experience: A seamless payment experience is crucial for customer acquisition and retention. Trustly's solution streamlines the process, leading to higher conversion rates and increased customer lifetime value. > Data-Driven Insights: Trustly's proprietary Azura engine leverages AI and big data to provide valuable insights into customer behavior. This data can be used to optimize pricing, marketing strategies, and overall business performance. This development is a testament to the power of AI and open banking to drive innovation in the financial sector. It signals a future where payments are not just transactions, but opportunities to build stronger customer relationships and unlock new growth. #fintech #payments #subscription #AI #openbanking

Thought we'd shared all the exclusive insights from #Money2020EU? Think again! We put Kevin Levitt, Director, Financial Services NVIDIA in the hot seat fresh off his session on "Microsoft and NVIDIA Address the Latest Trends in AI," to drop even more cutting-edge insights straight from the source!

So, love at first sight isn't a myth! From the moment Selom T. and Onur Keser laid eyes on each other's tech, investments were flying ✨ Papara and DriveWealth's partnership is one that's had fintech enthusiasts eye's all over it from the very start. So, of course we had to get the insider exclusives at #Money2020EU. By the sounds of it, their future is bright!

Roll up, roll up! #Money2020EU may be over, but the free advice isn't! Laura Barrowcliff, Global Head of Trust at GBG Plc, shares the secret to driving innovation in your business and the trends that are defining banking's future...