Over and over in conversations with other startup founders and VCs, we kept hearing the analogy of AWS for Fintech. I think it's a really interesting thought experiment, but I haven't seen a breakdown from a technology perspective. What's in place, and what's missing? So I did a write up using Cloud Computing as the framework.
Why should there be a moment? Seems to me money has been around for a while and will be slow to change. Cloud computing was a new concept
Technology is more of an enabler than a driver. Finance is a highly regulated industry, you don't want any Joe Shmoe building applications which handle money, because security.
Over and over in conversations with other startup founders and VCs, we kept hearing the analogy of AWS for Fintech. I think it's a really interesting thought experiment, but I haven't seen a breakdown from a technology perspective. What's in place, and what's missing? So I did a write up using Cloud Computing as the framework.
Would love your input!