Looking for the secret to building the next unicorn? Today, more and more companies are embedding financial services—such as payments, lending, and insurance—into their products. This isn’t just about boosting growth and revenue; it’s also essential for staying ahead of the competition.
Starbucks operates the second most popular payments app in the U.S.—and they’re not even a bank. Analysts predict that Shopify’s payments revenue will outpace its Subscription & Services stream. Toast, a $2.7 billion restaurant management platform, launched Toast Capital in 2019 to offer its customers fast, simple, and flexible funding options.
In this session, Matt Harris, General Partner at Bain Capital, breaks down the core elements of the fintech ecosystem and shares how you can embed fintech into your products to unlock exponential growth.
Matt covers:
– Why every company will become a fintech company
– The essential building blocks of the fintech ecosystem
– How to understand and embed different fintech offerings—from payments to lending and insurance—into your products
– Common mistakes and pitfalls to watch out for
– Fundraising strategies for fintech ventures
