At the Money20/20 show in Amsterdam several fintech company CEOs expressed confidence that big tech companies are coming to the fintech sector; OakNorth CEO Rishi Khosla said, “Big tech has always been a very strong contender to actually come in and own parts of the financial services chain,” adding that his company was already in talks with some tech companies over a potential partnership; Marqeta CEO Jason Gardner said, “We believe in the future whether it’s the bank of Facebook, bank of Amazon, bank of Google, they’re going to need to leverage that existing infrastructure”. Source.
Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.