Power Panel: Neo banks 3.0 - as neo banks continue to make inroads into the market of big banks what is next for them?

Power Panel: Neo banks 3.0 - as neo banks continue to make inroads into the market of big banks what is next for them?

26 Feb 2025|Finovate
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Jordan SinclairJordan SinclairPresident at Robinhood UK

Jordan Sinclair is President of Robinhood UK, which is Robinhood’s first international brokerage market. Robinhood is known for pioneering commissionfree stock trading, with over 23 million customers in the US. Prior to joining Robinhood, Jordan was Managing Director, Europe at Freetrade where helaunched Freetrade's first international market, and Director, Corporate Development & Strategy at Barclays.

Rory TannerRory TannerHead of UK Government Affairs and Public Policy at Revolut

Rory is the Head of UK Government Affairs and Public Policy at Revolut. He leads Revolut's engagement with Government, Parliament, regulators and industry to secure positive business outcomes. Additionally, he leads policy development to identify and shape future opportunities and threats. Key topics are Open Banking, fraud, crypto and CBDCs, global expansion and the UK's international competitiveness in FS. Previously he has worked in the House of Commons and at public affairs consultancy Political Intelligence.

Revolut is an app for all things money. Founded in 2015 in the UK, it offers over 50 separate financial services products through a single app to 10 million users in the UK and over 45 million users globally. Revolut has launched into 41 countries, providing services such as payments, savings, credit, digital assets, stocks and vaults. They are valued at $45 billion, making them the UK's largest fintech and Europe’s most valuable private technology company.

Ross GallagherRoss GallagherHead of Ventures at 11:FS

Ross leads the Consulting team at 11:FS, and has a track record of partnering with global brands on the design and launch of new digital banking propositions and businesses.

With specialist knowledge and experience in financial services, Ross is a recognised thought leader in this space and is also a regular co-host of the Fintech Insider podcast.

Valentina KristensenValentina KristensenCorporate Affairs Director at OakNorth

Valentina is the Corporate Affairs Director at OakNorth, where she has been since June 2015. With oversight of external and internal communications, events, content, ESG/sustainability, and OakNorth’s UK CSR/1+1% Commitment, she helps set the strategic direction for stakeholder engagement globally and is an observer on the Bank’s Executive Committee.

She is also a Founding Editorial Board member of the Chartered Institute of Public Relations’ multi award-winning member magazine, INFLUENCE; a Board Advisor to ETA Technologies – a startup on a mission to empower investors with a sophisticated, quantified, and comprehensive analysis of the teams they plan to invest in; and a Commissioner for The Entrepreneurs Network’s Private Business Commission chaired by Steve Rigby, to address the UK's growing inability to scale and retain private companies.

She started her career at communications consultancy, Lansons, where she was awarded the Outstanding Young Communicator Award at the CIPR Excellence Awards. In 2018, she was named in the Standout 35 of Innovate Finance’s Women in Fintech Powerlist.

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Description
  • What are the strategic questions for neo banks as they reach maturity and achieve scale?
  • What are the key pillars of success for neo banks? Has their laser focus on CX and UX been the differentiating factor?
  • As their technology starts to age will they have to start upgrading it? Are neo banks starting to have to face the process and governance issues large banks face?
  • Will we continue to see the rise of neo banks licencing their technology to incumbent banks?
  • To be or not to be a bank? What are the pros and cons of having a banking licence? What does a banking licence give you that you can’t do today other than more regulation?
  • Are IPOs at an inflection point? Why go public when you will face more scrutiny, risk becoming a slave to shareholders and losing talent. How can you maintain your culture when you become a listed company?
  • London’s stock market rules are being revamped for the first time in 30 years; will these changes make listing in London more attractive?
  • Does the new Labour government in the UK pose a threat to the UK fintech market – especially around possible changes to capital gains tax?
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