Numbers

I recently opened an investment fund for blockchain start-ups in partnership with Life.SREDA, who produce a report on the state of FinTech twice a year.  The latest report, almost 300 pages of analysis, provide more insights of the first half of the year in FinTech [Money of the Future 1H’2016 and Chinese, Korean and Japanese…

I was chatting about Unicorns yesterday.  I won’t say which one we talked about, but one specific firm was being picked on as unsustainable and incorrectly valued.  I was particularly surprised to hear that their cost of customer acquisition is estimated to be $400 per customer.  For a start-up firm that is dealing in high…

I got an interesting research report this week about consumer attitudes towards banks in Europe: More than a third of European consumers would move bank if they didn’t offer up-to-date technology to aid interaction Nearly a third are already embracing mobile payments, while a fifth are already using wearables and crypto-currency to pay Almost a…

I’ve been illustrating my frustration with incumbent banks for some time, saying that they lack technology leadership.  Almost a third of my new book talks about the biggest challenge for banks to respond to Fintech, Big Data, Cloud, Blockchain and all those other issues is to have leadership.  Digital transformation is not a project run…

I received three links yesterday that were really useful. The first is from my friends at the Financial Brand who, every year, offer a free PowerPoint of useful stats and facts related to bank marketing.  There are over 200 stats and graphs in this year's PowerPoint (7.5MB), which has just been released.  You can download…

Monitise produced a report six months ago on mobile usage, and have produced an update this week with some interesting numbers.  For example: 1,124 people use Facebook mobile every month (1,008 million six months ago [sma])  456 million people only use Facebook mobile (341 million sma) 85 billion apps have been downloaded from Apple’s App Store (50…

I noted the disconnect between the bank community and the technology community sometime ago in my Red Pill moment, and as the year passes it becomes more and more obvious to me that we are going through a sea change in finance. Almost every day, I encounter a new start-up who wants to change some…

Funding Circle sent me a great infographic in celebration of their fourth birthday on 13th August. Over the last four years, the start-up has crowdsourced over £330 million of lending to over 5,500 small businesses across the UK, creating an estimated 16,500 jobs. Here are the numbers …

Funding Circle sent me a great infographic in celebration of their fourth birthday on 13th August. Over the last four years, the start-up has crowdsourced over £330 million of lending to over 5,500 small businesses across the UK, creating an estimated 16,500 jobs. Here are the numbers …