MoneyConf – Europe’s largest technology event, Web Summit, to host two day Fintech event in Madrid.
First year the event is being hosted in Madrid, was held in Belfast in 2015. The two day event will see over100 speakers who are changing the financial sector through technology take to the stage.
In a time of powerful disruption for the financial industry and when Fintech changes all details of finance the biggest asset of any industry is, nevertheless, an old and solid thing called trust. This is even more relevant in the case of the financial and trading industry nowadays when major tech organisations commande most of the data and users around the world.
As history has shown, the economy goes through bear and bull cycles and adapts towards the most flexible innovation / technology that gets scale and firstly that users manage to use very fast. Currently, in a time when big corporations such as Google, Facebook, Apple, Microsoft, Amazon, Alibaba manage much more money than most of the top world banks there is an overwhelming need to promote a bridge between tradition, trust and special wise stability. In this fragile environment, the money – financial, payments, peer to peer, crowdfunding and trading – industry needs to put all its efforts into building trust in order to develop and improve its performance and results and adapt to the world we live in.
Financial innovation is now the biggest driver of financial organisations and FinTech brings together the financial larger industry and high-technology sectors in a dynamic framing / area where traditional financial institutions, telecommunications companies, start-ups and infrastructure operators are trying to respond, adapt and evolve effectively to the ever changing and demanding needs of their customers.
FinTech has been changing the financial services industry in ways never possible from the outside in, according to the “Blurred Lines: How FinTech is shaping Financial Services” a recent report published by PwC within the next 3-5 years, the cumulative investment in the financial industry in relation with tech could reach USD 150 billions.
Financial institutions and major tech companies are working and most of the times stepping over one another for a chance to lead or get into the ever complex and mutating game. The result is a new digital, mobile and hyper competitive landscape and playing field where organisations have to be agile and able to change keeping at the same time the DNA of trust and coping with regulation and compliance demands. As the tiny lines between the global or local traditional finance, technology firms, e-commerce, cryptocurrencies, blockchain infrastructure tech permeates the global finance infrstructure and telecom companies are fast forward blurring, at the same way many innovative solutions are emerging every new day and there’s clearly no straightforward answer or solution to navigate this disruptive Financial and Technological world of the old thing called Money.
MoneyConf offers an exclusive event with top personalities and over 100 of the world’s top fintech startups that will exhibit at the event.
On 21 and 22 June over 1,500 people from the world of fintech will come to Nave Boetticher, Madrid to take part in MoneyConf. This restricted invite only event is being brought to Madrid by the organisers of the world’s largest startup event Web Summit. A successful event lead by Paddy Cosgrave, the leading and innovative CEO of Web Summit and MoneyConf.
MoneyConf is a new space that is fast becoming the most important global meeting place for leading financial institutions and disruptive startups, an event for entrepreneurs, investors, startups and the global financial powerhouses to gather in one intimate space discussing the problems and issues the industry faces and ways to come eith it.
The organisers moved the event to Madrid for 2016, from Belfast, after seeing what a up and coming tech hub the city has become along with its importance in the world of finance.
Fintech has become a growing area in the world technology and Madrid, with homegrown fintech companies such as Kantox, peerTransfer and Coinffeine, is gaining visibility in the fintech world market. Also big Banks such as BBVA and Santander are based in this city with historic roots in the financial and trade world.
Although traditional banks have been slow to catch onto the fintech bandwagon, some banks are pushing forward conscious of that is the only way to go. The real economy and financial industry and its future will depend of focus on helping people manage their personal finances, trading and investments through innovative digital, data driven and mobile – tech – service solutions, budgeting and spending trackers, among other features, while offering stability, safety, neutrality and complete transparency. There is no way around this. And some of the top Spanish banks have been some of the first to react in strong ways and are leading some of the areas of the finance and technology innovation.
In 2015 Santander launched a €24 million incubator for startups along with Monitise. Through its venture arm InnoVentures Fund, Santander invested $5 million in MyCheck, it has also invested in Cyanogen. Both BBVA and Santander will be among the companies speaking and taking part in MoneyConf.
Other big names speakers that will be taking part in the event include (selection):
- Carlos Torres Vila, CEO, BBVA
- Clif Marriott, Managing Director, Goldman Sachs
- Kim Fournais, CEO and Co-Founder Saxo Bank
- Warren Mead, Partner, Head of Challenger Banks and Global Co-Lead Fintech, KPMG
- Taavet Hinrikus, CoFounder & CEO, TransferWise
- Alexander GraubnerMüller, CoFounder & CEO, Kreditech
- David Siegel, CEO, Investopedia
- Kathryn Petralia, CoFounder & COO, Kabbage, Inc
- David Emm, Principal Security Researcher, Kaspersky Lab
- Al Goldstein, CEO & Founder, Avant
- Jacob de Geer, Founder & CEO, iZettle
- Ann Cairns, President International Markets, MasterCard
- Maria Gracheva, CEO, Yandex. Money
- Claire Calmejane, Director of Innovation, Lloyds Banking Group
- Mike Laven, CEO, CurrencyCloud
- Salvador Garcia, Co-Founder, Ebury
- Mark Roden, Founder CEO, Ding
- David Birch, Director, Consult Hyperion
- Brett Meyers, Co-Founder & CEO, CurrencyFair
- Jay Reinemann, General Partner, Propel Venture Partners
- Katia Lang, Managing Editor, The Fintech Times
- Gloria Macias-Lizaso, Principal, McKinsey
- Brian Norton, CEO, Future Finance
MoneyConf will see over 100 speakers take to the stage to discuss subjects like:
- Enterprise Banking,
- IoT and Wearables
Paddy Cosgrave, CEO of Web Summit and MoneyConf said:
“MoneyConf is Web Summit’s first vertical event, it was natural for us to focus on fintech as it is such an important area.
“We are extremely excited to host MoneyConf in our new location Madrid. Madrid is an important financial hub in Europe and is becoming one of the forerunners in fintech.
“With some great startups coming from Madrid like Kantox and peerTransfer along with some of the biggest banks in the world such as Santander, we are excited to be coming to Madrid.”