Fintech
PARTNERSHIPS FOR TOMORROW
BANKING
Fintech
companies and banks : collaboration or competition ? discussion panel
CLICK TO WATCH | 30:29
52 when it comes to banking “ it ’ s money , it ' s serious , it ' s conservative ”.
Wirex has benefitted from both sides of the partnership . The fintech ’ s services allow users to manage all their funds in one place , whether that ’ s fiat currency such as GBP or EUR , or virtual coins like Bitcoin or Ethereum .
“ The IBANs that Wirex users get are provided by LHV , the largest and most dynamic bank in Estonia , via a seamless integration with their API ,” Sokolov explains . “ On the other hand , we have a great and developing partnership with Maker Foundation , the organisation behind the DAI stablecoin , where we bring our users the benefits of the nascent decentralised finance ( DeFi ) industry by bridging it with the traditional one .”
PARTNERSHIPS FOR TOMORROW
Prioritising resources for digital agility has never been higher on the agenda for banks , as the entire finance system further fractures and decentralises . But rather than allying to fulfil a singular need , the most valuable and sought-after partnerships are those that offer a continued path of
DECEMBER 2020