Voice of FinTech®

David Yakobovitch spoke to Ryan Conway, SVP, Head of Business Development & Strategic Partnerships at Oxygen, about how Oxygen improves banking for SMEs. They talked about FinTech evolution, crypto, SME banking, COVID-19 and banking, building and maintaining brand equity and more!

Show Notes

David Yakobovitch spoke to Ryan Conway, SVP, Head of Business Development & Strategic Partnerships at Oxygen about how Oxygen improves banking for SMEs.

Here is what they covered:

FinTech evolution
  • Fintech industry trends 
    • Predictions for fintechs and traditional banking
    • FinTech 1.0 - unbundling
    • FinTech 2.0 - rebundle multiple products
    • FinTech 3.0 (smart money/ AI)
    • Crypto
SME banking
  • Now more than ever, the importance of banking for small businesses
    • Banking for small businesses 
    • Oxygen recently announced a partnership with Fundera (Nerd Wallet) to help small businesses and self-employed people who were largely left out of the 1st PPP round
COVID-19 and banking
  • How COVID has changed banking
    • Digital banking is here to stay and traditional banks have to be prepared to handle all aspects of their business through digital channels
    • COVID-19 has also been the biggest digital acquisition driver and many customers are finally embracing their digital tools, but fintechs have re-examined ways to drive every account process to be more efficient and user friendly
Brand equity
  • Creating and maintaining brand equity 
    • Ex: Robinhood/ GameStop stock situation
Oxygen's journey 
  • Oxygen’s milestones
    • Series A
    • Peek of products- segmenting of cards, the elevation of the brand, additional features 
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What is Voice of FinTech®?

Aiming to inspire entrepreneurs around the world to launch their new ventures. Connect FinTech enthusiasts with start-ups, incubators, accelerators, investors and incumbents.