Money2020 Asia – KoreFusion Moderates Panel on Real Time Payments
SINGAPORE, March 14, 2018 — KoreFusion moderated an oversubscribed panel on Real Time Payments (RTP) at Money2020 Asia with panelists from ACI Worldwide and MasterCard. Founding Partner, Jan Smith, who leads our firm’s commercial payments practice, moderated the panel and showcased findings from our recent RTP study spanning 600 businesses across 14 countries and 20 industries.
The panel, titled “Real-time payments – Understanding the use cases, the practicality, and potential friction with other payment products”, was part of the Money2020 Asia’s track on Processing Payments & Open Platforms. The panelists for the talk included Geoff Tunbridge, Director Solution Consulting – APAC at ACI Worldwide and Rama Sridhar, EVP, Asia Pacific Digital & Emerging Partnerships, New Payments at MasterCard Worldwide.
The talk was standing room only, indicative of the far reaching interest in real time payments across all aspects of fintech, with audience interaction from the major banks, e-wallets, and large merchants.
You can download the slides from the talk here
With a presence in six international locations, KoreFusion is the only firm that combines strategy consulting and M&A advisory services exclusively for the international fintech, payments, and financial services industries.
KoreFusion’s strategy consultants work with a broad range of product and regional leadership within the payments and fintech industry to further their clients’ strategic and operational objectives, while seamlessly providing unmatched subject matter expertise to our M&A clients. KoreFusion also works closely with investors, corporate development teams and the leadership of established players and innovative disruptors on their most pressing M&A objectives.
Jan Smith Presents at Fintech Diaspora Americas Forum (Los Angeles, CA on July 18, 2017)
On July 18th, KoreFusion’s Founding Partner, Jan Smith, presented at the Fintech Diaspora Americas Forum in Los Angeles, sharing his thoughts on the state of Fintech in Latin America. Jan’s presentation was based on KoreFusion’s experience working with payments and fintech firms throughout the region over the past few years, and looked at key drivers and potential opportunities in the region.
Jan started his presentation by providing an overview of the market, highlighting some of the key sectors fintechs have focused on, and underscoring how early in its development this industry is within the region – pointing out that over 60% of fintech’s in Latin America are less than 3 years old.
After highlighting 6 of the key drivers supporting the development of fintech in the region, Jan discussed how these drivers, along with the convergence of technology and regulations, will affect some of the key industry sub-verticals going forward. Jan also highlighted some areas with overlooked potential.
Finally, Jan discussed how homegrown fintechs in Latin America have overcome market constraints in building their businesses and the challenges that foreign firms would face entering the market. Jan closed by highlighting some of the main opportunities we as a firm see for both foreign and local fintechs and the investor community.
You can download Jan’s presentation here.
If you would like to discuss the opportunities for payments firms, fintechs and/or investors in Latin America, please reach out at email@example.com.
KoreFusion Presents at ACG San Francisco’s Fintech Panel on ‘FinTech 3.0’
On April 4th, KoreFusion’s Founding Partner, Yogesh Oka, participated in the Association for Corporate Growth’s (ACG) FinTech Panel in San Francisco. The theme of the panel was on the future of fintech and Yogesh presented the firm’s perspectives on the emergence of ‘Fintech 3.0’.
‘Fintech 1.0’ was characterized by rapid identification and exploitation of opportunities to leverage technology to disintermediate traditional financial services. However, this stage was focused primarily on proof-of-concepts and undisciplined customer acquisition.
‘Fintech 2.0’ saw a rapid increase in intra-vertical consolidation within the fintech industry, a shift towards partnerships and co-opetition, and greater discipline around business model development and customer acquisition models.
Strategic and technological partnerships will remain important, but as fintech continues to become increasingly global, with emerging market players like Alibaba and Tencent (in Asia) and Mercado Libre and PayU (in Latin America) increasingly focused on their cross-border payment capabilities, inter-vertical consolidation between fintech verticals will become more common, and on a global scale. This will likely lead to numerous “black swan” and “blockbuster” M&A scenarios, more pressure on mid-sized players who will be most acutely impacted by rapidly evolving industry trends, and the entry of less speculative (“smart”) money entering the industry
In these contexts, acquisition rationale will be driven less by immediate financial impact and more by strategic positioning. For fintech players, ‘Fintech 3.0’ will mean new types of creative exit opportunities and a new set of potential partners. This, in turn, opens a range of options for them as they plan their growth and exit strategies.
You can download KoreFusion’s panel presentation here.
If you like to discuss what Fintech 3.0 means for you, please reach out at firstname.lastname@example.org.
Keynote Speaker: MasterCard Latin America Innovation Forum – Acquiring Track
KoreFusion is excited to speak at the 2014 MasterCard Latin America Innovation Forum in Miami November 18-21, 2014. We will be the keynote speaker for the Acquiring track of the conference.