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The Great Fintech
Convergence
Aki Ranin
AGENDA:
1. Where is the market going?
2. The End Game
3. Monetizing Convergence
4. One-click Financial Planning
Where is the market going?
What moves are being made now?
STARTED FROM EXPANDED TO
ROBO
SAVINGS
LENDING
ROBO SAVINGS
PFM
ROBO
LENDING
REWARDS
MICRO-INVESTING
ROBO
PFM
CARDS
ROBO
SAVINGS
REWARDS
TRADING
Robos are moving into savings.
STARTED FROM EXPANDED TO
REMITTANCE
SAVINGS
CARDS
TRADING
PAYMENTS
PFM
SAVINGS
CARDS
PAYMENTS
PFM
SAVINGS
CARDS
LENDING
PAYMENTS
PFM
SME
REMITTANCE
LENDING
PAYMENTS
SAVINGS
ROBO
LENDING
Digital Banks are moving into savings.
STARTED FROM
Gaming
Search
Ride sharing
Chat
Big Tech are moving into Digital Banking.
Product expansion is driving user acquisition and engagement.
The market is moving from transaction to tiered subscription fees.
The End Game
Where is this trend pointing to?
TODAY
Can I buy it?
PFM
Cards
Can I spend any?
PFM
Cards
WEEK
Do I have enough?
PFM
Cards
Savings
MONTH
Can I plan ahead?
PFM
Savings
YEAR
What do I want?
Savings
Lending
Insurance
Robo
FUTURE
What did I do?
Insurance
Robo
DEATH
Savings is the glue between tomorrow and the future.
Spender
Saver
Investor
Digital banks haven’t connected the dots, yet.
Source: 11FS
Goals are the lens from real life into banking.
Source: 11FS
Transactions
Facilitate money movements
without any guidance or oversight.
3
Analytics
Help customers understand their
money movements without
judgement.
2
Advice
Provide judgement on customer
finances and suggest corrective
actions.
1
Real customer value requires advice.
TODAY WEEK MONTH YEAR FUTURE DEATH
Financial Planning
Pay the bills
Balance cash flows
Save for a rainy day
Basic life insurance
Buy a car
Buy a home
Do your taxes
Start a business
Enjoy life a little
PFM
Cards
PFM
Cards
PFM
Cards
Savings
PFM
Savings
Savings
Lending
Insurance
Robo
Insurance
Robo
Take a year off
Monetizing Convergence
Ecosystem plays are the big opportunity
We can trigger saving opportunities through partnerships.
We can trigger saving goals from 3rd party content API’s.
Saver.
Deliver now, pay later!
Start saving now to deliver by Christmas.
Turn your eCommerce basket into an acquisition channel.
Embedded Financial Planning goes to the source to seed goals.
One-click Financial Planning
Integrating wealth into Digital Banks.
We know your spending, so we know your financial plan.
This is a one-click wealth journey.
Compares to people like me
People like me save for retirement
Extrapolates my retirement lifestyle
Calculates my savings plan
I accept my retirement plan
Transactions flow automatically
Aki Ranin
COO & Cofounder
www.bambu.co

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apidays LIVE Singapore - The Great FinTech Convergence by Aki Ranin

  • 2. AGENDA: 1. Where is the market going? 2. The End Game 3. Monetizing Convergence 4. One-click Financial Planning
  • 3. Where is the market going? What moves are being made now?
  • 4. STARTED FROM EXPANDED TO ROBO SAVINGS LENDING ROBO SAVINGS PFM ROBO LENDING REWARDS MICRO-INVESTING ROBO PFM CARDS ROBO SAVINGS REWARDS TRADING Robos are moving into savings.
  • 5. STARTED FROM EXPANDED TO REMITTANCE SAVINGS CARDS TRADING PAYMENTS PFM SAVINGS CARDS PAYMENTS PFM SAVINGS CARDS LENDING PAYMENTS PFM SME REMITTANCE LENDING PAYMENTS SAVINGS ROBO LENDING Digital Banks are moving into savings.
  • 6. STARTED FROM Gaming Search Ride sharing Chat Big Tech are moving into Digital Banking.
  • 7. Product expansion is driving user acquisition and engagement.
  • 8. The market is moving from transaction to tiered subscription fees.
  • 9. The End Game Where is this trend pointing to?
  • 10. TODAY Can I buy it? PFM Cards Can I spend any? PFM Cards WEEK Do I have enough? PFM Cards Savings MONTH Can I plan ahead? PFM Savings YEAR What do I want? Savings Lending Insurance Robo FUTURE What did I do? Insurance Robo DEATH Savings is the glue between tomorrow and the future. Spender Saver Investor
  • 11. Digital banks haven’t connected the dots, yet. Source: 11FS
  • 12. Goals are the lens from real life into banking. Source: 11FS
  • 13. Transactions Facilitate money movements without any guidance or oversight. 3 Analytics Help customers understand their money movements without judgement. 2 Advice Provide judgement on customer finances and suggest corrective actions. 1 Real customer value requires advice.
  • 14. TODAY WEEK MONTH YEAR FUTURE DEATH Financial Planning Pay the bills Balance cash flows Save for a rainy day Basic life insurance Buy a car Buy a home Do your taxes Start a business Enjoy life a little PFM Cards PFM Cards PFM Cards Savings PFM Savings Savings Lending Insurance Robo Insurance Robo Take a year off
  • 15. Monetizing Convergence Ecosystem plays are the big opportunity
  • 16. We can trigger saving opportunities through partnerships.
  • 17. We can trigger saving goals from 3rd party content API’s.
  • 18. Saver. Deliver now, pay later! Start saving now to deliver by Christmas. Turn your eCommerce basket into an acquisition channel.
  • 19. Embedded Financial Planning goes to the source to seed goals.
  • 20. One-click Financial Planning Integrating wealth into Digital Banks.
  • 21. We know your spending, so we know your financial plan.
  • 22. This is a one-click wealth journey. Compares to people like me People like me save for retirement Extrapolates my retirement lifestyle Calculates my savings plan I accept my retirement plan Transactions flow automatically
  • 23. Aki Ranin COO & Cofounder www.bambu.co