LendIt Fintech becomes Fintech Nexus
After more than a decade of conferences and content, fintech has evolved beyond online lending alternatives: Fintech Nexus is closing the gap.
In 2022, the financial ecosystem encompasses more: digital banking and neo-banking, AI underwriting, mobile lending, cybersecurity, retail investing, web3 payments, regulation, investment staking cryptography, and beyond.
After the first trickles of innovative startups, a roaring rain of new ideas has led to a tidal wave of change in the thin world. LendIt Fintech is now Fintech Nexus to connect traditional finance and the Roaring New Years of Fintech.
Under the brand change, Joy Schwartz, President of Fintech Nexussaid, “Our names finally sum up everything we do, and Nexus means ‘to come together’.”
fintech is what the industry uses to describe the area that LendIt has covered and broadcast for years.
From the Latin verb nectar, or “binding”, Nexus is used here to connect, annex and incorporate the new world with the old as a “hub” for news, in-person content, networking and education.
Traditional finance will soon become the same as fintech, and the Nexus ecosystem will be there as bridge.
Peter Renton, Presidentand the co-founder of Fintech Nexus agreed.
“Fintech Nexus seems more in tune with who we are today. While lending is still an important part of what we focus on, fintech is much more than lending,” he said. “We operate at the center of all fintech, at the crossroads of fintech.”
Nexus is the center of attention and connects a group; he said, “When you put these meanings together and apply them to fintech, you get Fintech Nexus.”
Long time ahead
There were plenty of not-so-subtle hints as it came to those who were paying attention in the audience.
Bo Brusktern, co-founder and CEO at Fintech Nexus, said the rate of change is taking off.
“As banks and fintechs struggled to save the economy through traditional ‘innovations’ during the pandemic, the newcomer – crypto – began to mature beyond the primitive developments we saw in the pre-era. -2020,” Brustkern said. “These innovations are now poised to unleash massive opportunities and threats to the traditional financial ecosystem. So yeah, ‘financial services innovation’ isn’t what it used to be.”
Fintech Nexus has been going digital over the past two years and growing its team, adding digital webinars and fireside chats during pandemic shutdowns. Todd Anderson, chief content officer, said he looks forward to competition in the new space: when worlds collide, the end customer wins.
“I think the biggest beneficiary of merging worlds is the end customer; we will end up with better, faster, cheaper and more personalized products for consumers and small businesses,” he said. “Financial products have always been opaque and expensive; to win customers, all the different players will have to do better in terms of price, speed and transparency. »
The team created Nexus Negotiators, a popular face-to-face networking series. Fintech Nexus has added two industry-leading podcasts featuring top guests from the fintech space and periodic industry white papers with more to come.
Since August, Fintech Nexus has rebuilt the news product from the ground up, doubling readership with an international team of journalists, and added a viral media product with growth Next TikTok to capture younger generations through collaborative influencer marketing.
Crypto and more
This month, Fintech Nexus launched the Cryptonexus Workshop series, an educational introduction for finance professionals to the crypto space, featuring our Merge London Web3 conference on the horizon in October.
The name change is just in time for the long-awaited Event in the United States next week in New York. The team is preparing for the first major event in two years and, based on ticket sales, it is the biggest party in Fintech Nexus.
Brusktern said that in terms of web3 and crypto, he’s excited that everything is changing.
“At the risk of sounding hyperbolic, I would say that I look forward to the upheaval of everything,” he said. “More pragmatically, I look forward to seeing accredited investor laws become moot. But perhaps the latter is a little too ambitious.
The rebranding doesn’t mean much to outsiders to the organization, but it’s Fintech Nexus’ first step toward years of a cutting-edge ecosystem. The next step is the fun part.
See you soon at a Fintech Nexus event.
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