entire purpose is to help people to run a business online , seamlessly , from anywhere in the world . This absolutely fits into the new , post-COVID world and that increasing digitisation we discussed , so it ’ s exciting that we ’ re helping to build that new world .”
That new world , Butland believes , will see the continued growth of fintech within financial services . “ The current situation is only going to accelerate the move to a digital world as all of the things that , traditionally , we did in person will be carried out online . The longer that fintech are around , particularly digital banks like Monzo or Revolut , the greater the trust will be in them from consumers and I can see , over the next five years or so , another wave of fintech banks and services , and insurtechs , coming into the market as that proposition strengthens . It ’ s only getting started now , but everything is going to change beyond financial services to how we as a society consume digital technology more broadly .”
37 fintechmagazine . com