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Apr 5, 2024 | 
a16z.com | Joe Schmidt
Gauging Generative AI x Financial Services Angela Strange (Adapted from a16z General Partner Angela Strange’s March 21 tweetstorm)Financial services is a heavily regulated industry, so you might think that it would be slow to adopt generative AI, right? Wrong. A year ago, our use cases for the intersection between generative AI and financial services were early and theoretical. Now, initial implementations abound and we have a clearer picture of AI’s potential.
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Mar 28, 2024 | 
a16z.com | Joe Schmidt |David Haber |Angela Strange |Gabriel Vasquez
Nobody puts Baby in a corner — especially if Baby happens to be fragmented financial services data. Historically, the key to building a successful financial services data company has been to extricate and analyze valuable but difficult-to-access resources like public filings, diligence materials, research reports, conference call notes, and news.
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Mar 1, 2024 | 
a16z.com | David Haber |Angela Strange |Joe Schmidt |Gabriel Vasquez
This content first appeared in the February 2024 Fintech newsletter. If you’d like more commentary and analysis about news and trends from the a16z Fintech team, you can subscribe here. “The amount of innovation we’re about to see in tax is unparalleled in recent history,” says Jamil Khan, the Chief Strategy and Small Business Officer for tax giant H&R Block. “But we know that with something like tax, having a trusted human checking, monitoring, making sure things are right, is key.
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Sep 28, 2023 | 
a16z.com | Alex Rampell |Olivia Moore |Angela Strange |Joe Schmidt
Posted September 28, 2023 This content first appeared in the September 2023 Fintech newsletter. If you’d like more commentary and analysis about news and trends from the a16z Fintech team, you can subscribe here. Introducing the a16z Global Payments Hub Angela Strange, Alex Rampell, Joe Schmidt, Gabriel Vasquez Software is inherently global and easily transcends borders—localizing it can be as easy as translating the language.
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Sep 21, 2023 | 
a16z.com | Simon Taylor |Angela Strange |Joe Schmidt |Gabriel Vasquez
The UK is home to some of the largest payments companies and most successful neobanks in the world, Wise, Starling, and Monzo among them. That success has been bolstered by the fact that the UK is among the world’s most innovative financial services regulatory environments. Regulation is generally a blocker to innovation. But the UK has used it to foster domestic competition and successfully grow its global presence.
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Sep 21, 2023 | 
a16z.com | Dileep Thazhmon |Angela Strange |Joe Schmidt |Gabriel Vasquez
Lee este artículo en Español. The world of finance is undergoing a profound transformation, and Mexico is no exception. In recent years, the country has witnessed a burgeoning fintech industry, particularly in the business-to-business (B2B) sector: Mexico’s fintech market now encompasses over 650 companies and counting. This evolution has been accelerated by regulatory changes that are fostering innovation and competition within the financial technology landscape.
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Sep 13, 2023 | 
a16z.com | Angela Strange |Joe Schmidt |Gabriel Vasquez |Alex Rampell
How cross-border infrastructure, instant payments, and open banking advances are creating a more integrated, financially inclusive world. Pinch to zoom in or out on the map. Use one finger to pan around the map. Tap highlighted countires and cities to find relative information. How cross-border infrastructure, instant payments, and open banking advances are creating a more integrated, financially inclusive world.
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May 31, 2023 | 
a16z.com | Joe Schmidt |Sumeet Singh |Seema Amble
Generative AI is Coming for InsuranceBecause underwriting, selling, and servicing rely so heavily on humans processing large quantities of written or verbal communication, existing tools have struggled to properly automate these services and materially impact loss ratios (losses on written premiums) and expense ratios (underwriting and servicing written premiums).
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May 31, 2023 | 
a16z.com | Joe Schmidt |Sumeet Singh |Seema Amble |Alex Rampell
Posted May 31, 2023
Generative AI is Coming for Insurance Joe Schmidt Because underwriting, selling, and servicing rely so heavily on humans processing large quantities of written or verbal communication, existing tools have struggled to properly automate these services and materially impact loss ratios (losses on written premiums) and expense ratios (underwriting and servicing written premiums).
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May 18, 2023 | 
a16z.com | Joe Schmidt
Imagine you are the founder of a fintech company that’s identified a massive broken market. As I’ve previously written about, to build your product and identify potential market opportunities, you’ve likely begun buying growth through paid acquisition channels. That was successful, and now your company has started to scale. If you’ve adhered to the rule of finding budgeted customer acquisition channels, you’ve moved a portion—or, better yet, all—of your business into this distribution model.
