LFP001 – FinTech The 30,000 Feet Overview

30000 feet

When I told folks I was going to be launching a FinTech Podcast the most common reply was “What’s FinTech?”  and “What’s a Podcast?”.  Hardly auspicious beginnings 🙂

Well if you are here then you know what a Podcast is – it’s an audio file you can listen to online or download and listen to offline.  Even better you can subscribe on your smartphone via an app such as iTunes or (my favourite) Pocket Casts.  These will periodically check for updates and ensure that your commutes or long car drives are never as boring again.

As to the tougher question 🙂 rather than diving in with a FinTech interview (which is the theme of London FinTech Podcast) I thought it would be a good idea to start with an overview of FinTech. In a recent survey 9 out of 10 of my City chums hadn’t heard of FinTech in the sense it is now being used.  In an even more informal survey at drinks with a group of four developers none of them had heard of FinTech.

So perhaps Job 001 is to educate about the context and what is going on.  To this end in this first podcast I cover four questions:

  1. What is FinTech?
  2. How big is FinTech?
  3. Why is it important?
  4. Why is it happening now?

Enjoy and I will see you next time when we get rather lower than 30,000 feet and start talking to folks in the sector.  In the meantime follow us on Twitter @LondonFinTech and spread the word 🙂