Are Banks the Next Dinosaurs?

thebarefootvc

The most documented example of this is M-Pesa’s mobile money platform in Kenya, which I have written about a few times on this blog, including in my thesis piece When Third is First. Twenty years from now, we will see disintermediation of banks, and millenials will no longer recognize the current banking system as they will receive financial services from a number of new entrants in the technology sector.

Mobile Payments: The Trillion Dollar Industry That's Never - AgileVC

Agile VC

M-Pesa created by mobile carrier Safaricom in Kenya is the best known example of this. If massively succesful, Isis might disintermediate the companies that manufacturer plastic payment cards and perhaps the companies that make mag stripe hardware (e.g. Also some of the mobile banking players are considering to build a parallel network that would disintermediate the card associations. How to Evaluate Firms for a Seed VC. How To Think About The Future. About Me.

Mobile 200

Are Banks the Next Dinosaurs?

thebarefootvc

The most documented example of this is M-Pesa’s mobile money platform in Kenya, which I have written about a few times on this blog, including in my thesis piece When Third is First. Twenty years from now, we will see disintermediation of banks, and millenials will no longer recognize the current banking system as they will receive financial services from a number of new entrants in the technology sector.