Wharton FinTech: Overview of FinTech Industry

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Welcome Lunch & Learn September 17 2015

Transcript of Wharton FinTech: Overview of FinTech Industry

Page 1: Wharton FinTech: Overview of FinTech Industry

Welcome Lunch & LearnSeptember 17 2015

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Our Mission

We are a different kind of student-run club, committed to education, career development and idea generation by connecting innovative, disruptive and established FinTech enterprises with students and industry professionals.

Education and awareness

Recruitment for summer & full-time

positionsThought leadership

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Highlights

• FinTech was the industry with the most startup job offers at

Wharton (25% of all startup offers)

• WFT members received offers at CommonBond, Earnest,

Google, NerdWallet, MasterCard, Apple Pay, Square,

Wealthfront, Venmo and many others!

• Regular, weekly speaker series with industry executives from top

FinTech companies

• Career treks to NYC and SF every semester

• Access to publish your ideas on the WFT blog, which receives

5K+ uniques a month

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Upcoming Educational Events

• Thursday 9/24 - Lunch & Learn with C2FO, market technology platform for working capital

• Wednesday 9/30 – Lunch & Learn with data science team at Wealthfront, a robo-advisor and asset management tech company

• Thursday 10/1 – Lunch & Learn with CEO of Hedgeable, digital asset management technology

• Wednesday 10/6 – Lunch & Learn with PayPal & the Milken Institute, an economic think tank

• Thursday 10/15 – Lunch & Learn with CEO & CFO of OnDeck Capital, one of the largest alternative lenders and the first big FinTech IPO

• And more through October, November and December!

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What is FinTech?

If you’ve ever used Uber or Venmo, you’ve used FinTech!

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What is FinTech?

Broadly: “An economic industry composed of companies that use technology to make financial systems, transactions and decisions more efficient and effective”

Finance TechnologyFinTech

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What is FinTech?

Key stats and highlights:

• Global investment in FinTech companies was nearly $10B in

2014 – and accelerating

• Been around for a while – PayPal was one of the first

“mainstream” FinTech companies

• But, still an emerging industry – we’re just starting to see the first

waves of IPOs from established FinTech companies

• Activity is centered largely in the US (SF/Bay Area and some

NYC), with fast followership in the UK, Israel, Latin America and

SE Asia

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What is FinTech?

FinTech World

Personal Finance

Payments Bitcoin & Blockchain Currency

Currency Remittance & FX

Lending

Crowdfunding

Robo-investing & Asset Management Tech

Consumer Banking & Saving

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Want to Learn More?

• Visit whartonfintech.org – blog posts covering key

players and subsectors in FinTech

• Come to future Lunch & Learns!

• Meet and network with classmates in FinTech

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2Y Panel

• Daniel McAuley – Wealthfront

• Keith Friend – CommonBond

• Megan Terraforte – Earnest

• Sasha Dobrolioubov – NerdWallet

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Wrap-upNot a member?• Sign up for WFT on Campus Groups today – dues are just $20!Interested in 1Y Leadership positions?

• We’ll send out position descriptions and application details on Tuesday• NYC Kick-Off Event and FinTech Trek November 6th

Role Contact EmailDirector of Communications Cameron cpeake@

Director of Community Engagement

Cameron cpeake@

Director of Content Sasha and James adobro@ and jchaukos@Director of Events and Engagements

Sasha adobro@

Director of Technology Brendan bmcmanus@

Director of Finance Carissa feria@Director of Treks Richard bhamb@Director of External Affairs Richard bhamb@

Director of Partnerships Daniel and Steve dmcauley@ and weins@

Director of Special Projects Daniel and Steve dmauley@ and weins@

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Questions

@whartonfintech

Wharton FinTech

Wharton FinTech

whartonfintech.org

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