The time has come to re-invent finance

Sean Park, founding investor in finance startups such as Betfair, Weatherbill or BankSimple has given an interesting talk at Lift Conference in Geneva titled Re-inventing Finance: An emerging (digital) reformation. While there is nothing truly groundbreaking, his talk gives an excellent overview where innovation is currently happening in the financial sector.

The message is clear: After other industries have already been disrupted by the power of the internet, the time has come that the financial industry will experience the same transformation we have seen before in other industries.

If you don’t find the time to watch the whole talk, make sure to at least check out his presentation on Prezi which gives you a good overview of the developments.