S4 Ep12: Breaking Down the Five Waves of Fintech, with Charles Birnbaum

You can’t disrupt fintech unless you fully understand its storied history. So what are the biggest lessons we can take away from the past? 
Join Alex for a fascinating conversation with Charles Birnbaum, Partner at Bessemer Venture Partners and author of the article “The Five Waves of Fintech,” as they dive into the five major phases of disruption in the financial services industry.
From before the term “fintech” was coined to the impending technological ripples in the future and beyond, Charles shares his insights on the different segments within fintech and the proof points needed for fintech companies to succeed in the coming years. 
And later, Alex and Charles discuss the embedded fintech wave and its slower-than-expected progress, as well as the potential catalysts for a new wave of innovation. 
 
00:02:55 - Understanding the History of Fintech
00:08:44 - Wave One
00:17:47 - Wave Two
00:21:29 - The Future of Valuing Fintech Businesses
00:29:38 - The Slow Rise of Fintech
00:34:07 - Navigating Sales in the Financial Industry
00:40:30 - Wave Three
00:41:35 - Wave Four
00:50:50 - Wave Five
00:56:07 - New Waves in Real-Time Payments
 
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And for more exclusive insider content, don’t forget to check out my YouTube page.
 
Read “The Five Waves of Fintech”:
Website: https://www.bvp.com/atlas/the-five-waves-of-fintech
 
Follow Charles: 
LinkedIn: https://www.linkedin.com/in/charlesbirnbaum/
 
Follow Alex: 
YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos
LinkedIn: linkedin.com/in/alexhjohnson
Twitter: twitter.com/AlexH_Johnson

For more information, please visit www.crowe.com/fintech