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  • 2 years ago
Matt Harris on fintech sectors ripe for innovation and those where elephants have entered the dance

Matt Harris on fintech sectors ripe for innovation and those where elephants have entered the dance

The O'Reilly Radar Podcast: The maturing payments battleground, bitcoin and blockchain, and insurance innovation.In this week's episode, Hannah Grenade, a tech entrepreneur and former partner at McKinsey, chats with Matt Harris, managing director at Bain Capital Ventures. They talk about the most interesting areas in fintech innovation, taking a look at some hits and misses, and potential untapped areas of opportunity. Harris also talks about why the merchants payment battleground is no longer a great space for startups and why insurance is poised to be the final frontier for fintech innovation.Here are some highlights from their chat:

Elephants in the dance hall

Many of those [payments] battles are kind of reaching a conclusion, and that the entry of players like Facebook, and perhaps most notably Apple, have signaled that perhaps this merchants payments battleground is not the best place for startups to be choosing as the market opportunity, that there's a maturity happening, and t

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