With down rounds, job cuts, market exits and investor refusals, 2022 certainly presented challenges for fintechs. But as usual, fintechs have weathered the unexpected macroeconomic crisis this year to launch products, conquer new markets, hit milestones, and take on incumbents.
So what gifts do fintech bosses want in their Santa sacks (and what gifts they don’t want?), which bodes well for the industry in 2023? do you want?
cryptoboss
Daniel Seifert coin base EMEA Vice President and Regional Managing Director said of his wish list: can be operated within
Knowing what is wanted and expected from cryptocurrencies, rather than letting policy makers hold back, will make the world a better place for everyone. I’m playing by the rules, so hopefully I’ll be on Santa’s nice list and get this one soon.
It’s not on my Christmas wish list, but Seifert says: Rapidly crafted regulation is usually bad regulation, and doubly so if it steers consumers offshore to his platform with less scrutiny. “
digital wealth boss
The transition from cryptocurrencies to digital assets and Giovanni Daplaco-founder and CEO money farmsaid he wants (probably what many people want) and that is market stability.
Dapr said:
Market turmoil negatively impacts peoples savings and investment habits. We encourage everyone to save for the financial future they want and help them feel confident in their investment choices is very important.
If this is fueled by sustained innovation in the financial sector leveraging the fintech revolution, it will attract consumers and help them take control of their finances and feel more confident.
What Dapr doesn’t want to see in the Christmas bag is monetary policy failure next year.
I believe that the role of central banks remains critical to market stability and economic recovery. Any mistake in the implementation of monetary policy could put a significant halt to the global economic recovery and inflation soft landing.
Looking at the financial industry, we would like to avoid slowing innovation in this sector. I don’t want to see a lack of trust in management.”
digital bank boss
in digital bank Zopaespecially wants to see industry collaboration and healthier fintech.
Claire Gambardella Chief Customer Officer Zopa said:
About wanting to see a healthier fintech, she said: A clear path to sustainable growth and commercial profitability must be prioritized alongside consumer needs for resilient and sustainable businesses to navigate current economic challenges.
Achieving a positive return on equity with healthy margins is now the holy grail of high-growth venture-backed companies.
On the customer side, she said: Taking savings as an example, interest rates vary widely between providers and these change daily. To get better returns, it’s important to stay vigilant.
Savings and investment app boss
Speaking of savings, founder and CEO of savings and investment app plum believes fintech is well positioned to weather the economic storm.
Victor Trokudes Here at Plum, we want the fintech industry to meet the challenges and realize its potential in 2023. We are headed for recession, but tough economic conditions present opportunities and Plums Fintech, including apps like , feels uniquely positioned to help people navigate the road ahead.
While risky or nice-to-have non-essential propositions may fall out of favor, new uses of fintech will emerge that are ideally suited to the turbulent financial environment. It’s exciting to see what we can do.”
Trokoudes also wants closer ties between the UK and the EU. He added:
The government has indicated it is moving in this direction, albeit within its commitment to not being part of a single market, with potentially closer regulatory coordination. It’s great to see long-term plans for .
Fintech Render Boss
Josh Levy CEO of ultimate finance, He likely spoke for the entire FitTech community when he said he hoped “the war in Ukraine will end quickly, without the Ukrainian people suffering any more.”
Also on Levy’s wish list are: “Government finding a better balance between fiscal responsibility and promoting growth and protecting vulnerable households and businesses”; and take professional advice from accountants, brokers, etc. Advisors where appropriate and increased adoption of open finance secure data exchange practices.
What Levi doesn’t want in Santa’s bag is “too much government intervention in business financial markets” and “continued supply chain friction, especially from China.”
open banking boss
Meanwhile, CEO of Open Banking Platform nordigenkeeps her Christmas wish list near her home.
Rowlands Mesters In 2023, we hope to see open banking more frequently in industries across Europe that can really benefit from accurate and updated financial data, such as the lending sector.
We also expect the adoption rate of open banking to continue to grow. The opportunities Open Banking offers within the financial sector are enormous and can greatly simplify, streamline and automate processes in a wide range of industries.
However, open banking is currently underutilized. As open banking continues to grow in Europe and beyond, financial services companies will continue to evolve and provide a better user experience for their customers. .”
stock trading platform boss
finally, Matt LiebowitzCo-Founder and CEO, stake, He admits he may be in the minority choosing the top of his wish list. he said:
“The market is one of the best ways to build wealth, and being able to think rationally and avoid emotional reactions leads to better results.” master the market cycle Along Howard Marks Great for our situation today.
On the contrary, he accuses social media of being a playground for scammers and hopes to put an end to the rise of social media.
He adds: If it grows as it is, the risk will increase in the next year. Some scammers advertise through social media to attract potential victims. So the tech giants are often profitable.






























