Leda Glyptis on finding success in the fintech industry and which client she is DYING TO ANNOUNCE
Listen to the full podcast audio version here.
Change comes part and parcel with the fintech industry – once one brand new shiny thing hits its peak, another one comes rushing past it. Such is the chatter being had at this hairdresser’s, with special guest Leda Glyptis, fintech trailblazer and CCO of 10x Banking.
“We see that the companies that are succeeding now are the companies that are finding the right spaces that the regulators are protecting”
With so much happening in fintech, we can sometimes forget the reason why innovation and new tech are so important. Glyptis provides some perspective on the industry and why everything that happens in fintech is to benefit one thing: people.
“We spend so much time in our industry trying to persuade the banks to move, that we’ve lost sight of what the ball game is,” says Glyptis. “We see that the companies that are succeeding now are the companies that are finding the right spaces that the regulators are protecting.”
if financial services providers are not doing enough to facilitate movements like financial mobility, they might as well be doing nothing at all.
“I’ve been working with a client now, it’s not public but I’ve been dying to announce it, but they’re using that lower ‘cost to serve’ to lower the cost of lending, giving people who don’t have access to money, access to money. What that can do for social mobility, for health, for quality of life…”
Bankers and financial institutions need to look at the technology and products neobanks and startups are bringing to the table and not only follow in their adoption but include themselves in the process of that innovation.
“If you think about money, it affects everyone. We all need it, we all spend it, in fact, a lot of us don’t have it” says Glyptis.
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