Business
Banks’ fintech threat far from done – The Australian Financial Review
The abrupt end to Australia’s neobank experiment hasn’t diminished the threat financial technology poses to traditional banks, says Reinventure’s co-founder.
But Simon Cant, co-founder and managing director of fintech-focused venture capital firm Reinventure, which includes Westpac as an investor, says while the threat posed by fintechs has changed, it is far from over.
Cant, who will join this columnist on a panel on the intersection between fintechs and the banks at The Australian Financial Review Banking Summit on Tuesday, says there are fascinating parallels between the way the media sector has been disrupted over the past three decades and the fintech…
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