The First Fintech Bank’s Arrival

by Vladislav Solodkiy

Most exit strategies for fintech / blockchain market look like «to be acquired by a major bank, telecom or Internet giant», and to be implemented in their old body.

If we decompose a modern bank then we get a set of fintech companies that substitute each service the bank provides. Every such company or startup is the separate piece of the puzzle. Now imagine what it will take to build a brand new fully digital fintech bank if you have only startups. How to assemble the puzzle? What will be the core of the ecosystem? Can it be based on blockchain rails? Who will be the first customers? Where it will all start?