Real Disruption is Happening in Financial Management

There is a growing trend in fintech that shows where the most disruption is happening, financial advice and management; while digital banks have received the most publicity the percentage of new accounts opened at neobanks was 0.014 percent; firms like Acorns and Stash have captured the attention of older millennials and generation X; the data shows that these groups are more interested in understanding how to improve their financial lives, not where to get their paycheck deposited; twice as many of these users are more interested in using tools like Acorns or Stash than they are at switching their bank accounts to a digital only challenger. Source.

  • Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

Sign up for our Newsletters

Every morning the Fintech Nexus News team scours the globe for the most important fintech stories of the day in the daily Global newsletter.

The Europe edition comes out on Monday, Wednesday, and Friday featuring the most important stories in European and UK fintech.

The Latin American newsletter arrives in your inbox on Tuesdays and Fridays. This is a trilingual newsletter featuring stories in Spanish, Portuguese, and English.

Join 20,000 subscribers!