What the FinTech? | S.3 Episode 10 | Making money work harder
In this episode of the What the Fintech? podcast, we’re joined by Jay Swanston, chief platform officer at savings, investing and money management app Moneybox.
In our News in Numbers section, Swanston discusses both how money management apps are gaining in popularity during the cost-of-living crisis, and, on the other side of the coin, how Canadian wealthtech Wealthsimple has shed 12% of its workforce as the market contracts. While there is lots of volatility in the space, there’s also plenty of opportunity as consumers look for ways to make what money they have work harder for them.
For the main discussion, Jay and FinTech Futures reporter Alex Pugh discuss how Moneybox is differentiating itself in a crowded space through diversified products and services, the growing visibility and importance of ESG and the impact of historically low, but now rising, interest rates on money management apps.
And, finally, we will learn which industry buzzword Jay has consigned to Fintech Jail!
What the FinTech? | S.3 Episode 10 | Making money work harder
Take a look at our catalogue of episodes on the What the Fintech? homepage.