IB Boost Blog

IB Boost were present at the first ever FinTechWeek, and we thoroughly enjoyed participating with the community here in London. We tweeted on the days we were preset, with an emphasis on our areas of interest: Finance and Capital Markets. Here are some of our very interesting/popular tweets illustrating current trends in this space.

Future of Payments and Facebook

In his opening speech, Greg Rogers, MD of the Techstars Barclays accelerator made some very interesting comments about Facebook and the payments space.

Global payments market 5x mobile ad space. Good this be year one for #fintech ? #fintechweek

- IB Boost (@ibboost) March 24, 2014

Is Facebook getting into $500bn global payments with #whatsapp ? #fintechweek - IB Boost (@ibboost) March 24, 2014

London as a FinTech centre

London continues to accelerate ahead in the FinTech space.

"Why London for #fintech ? London is thirsty for it. A lot of the major banks are here, and they are getting behind this." #fintechweek - IB Boost (@ibboost) March 24, 2014

Startups as an investment class

Globally, startups have become a phenomenon that doesn't seem to show any sign of slowing down.

"As an asset class #startup firms have an IRR of 22% plus tax reliefs" #insight #fintech #fintechweek

- IB Boost (@ibboost) March 27, 2014

"Valuations are trending slightly higher and founders raising more money at earlier stages than normal" #fintech #insight #fintechweek

- IB Boost (@ibboost) March 24, 2014

Disruption of traditional models

Time and time again, it became clear that disruption was the order of the day. Of course, there will always be great ideas and innovative new models, but at its core most founders were taking the majors head on.

@currencyfair $1bn USD FX moved since #startup ! Demo showed better than interbank rates. Great example of #fintech disruption at #fintechweek - IB Boost (@ibboost) March 24, 2014

"There is no part of the Banking model that is not vulnerable to Disaggregation" #fintech #insight #fintechweek - IB Boost (@ibboost) March 24, 2014

Alternative financing, P2P lending, and crowd sourcing markets are exploding in the UK. #fintechweek

- IB Boost (@ibboost) March 24, 2014

Any Other Business

And lastly... a Tech event would not complete without the "internet of things"

" #InternetOfThings will change consumer behaviour and our expectation of technology" #insight #fintech #fintechweek

- IB Boost (@ibboost) March 27, 2014

All in all an illuminating event if nothing particularly surprising. Looking forward to more events in future years!