#HackingFinance [w/ anthemis | group]

welcome to the sixth paradigm

“The truth is the 31 of 72 companies presenting at Finovate Spring that are truly startups represent a fraction of the FinTech startups out there. Bank Innovation is monitoring 380 — yes, 380 — financial services-related startups that were launched in just the last three months. In only the first seven days of this month, 31 financial services startups have been kicked off. Are all of them going to be successful? Of course, not. Some are tangential to financial services, to be sure, such as BumpUp.org, a charity crowdfunding platform, but others are certainly not (skyauth, Heeeelp.me, Planancial).”