Brief Summary of Episode #342
Many financial institutions have overspent on technology during the COVID era, leading to unused software and long-term contracts.
And there's a historical mistrust between financial brands and fintechs due to overpromising and underdelivering, leading to hesitancy in embracing new collaborations.
The mindset of both the fintech and the financial brand plays a significant role in the success of collaborations.
Kyle Ray, Co-founder and CEO at Advintro, joins the show to explore the biggest growth opportunities for fintechs and financial brands, rooted at the heart of collaboration.
Trust, transparency and setting clear expectations can foster a strong partnership between financial brands and fintech, allowing them to co-create value, aligning their perspectives and goals for mutual growth.
Key Insights and Takeaways
- Fintech partnerships and mindsets for growth. (5:24)
- Potential roadblocks that could derail collaboration (14:31)
- Opportunities to provide financial brands with guidance and expertise. (21:20)
