Discover and read the best of Twitter Threads about #neobanks
Most recents (3)
(1/) #unicorns and where less obvious opportunity in #AfricaTech might hide…
#India produced +35 #unicorns in 2021. While the number is staggering, it's much more interesting to see in which verticals value was created and what one can learn in relation to. Hold on #deepdive:
#India produced +35 #unicorns in 2021. While the number is staggering, it's much more interesting to see in which verticals value was created and what one can learn in relation to. Hold on #deepdive:
(2/) 38% #eCommerce. Many in #B2B (not just food and retail). Starting to see some unique & alternative models in continent, but a long way to go. Weaker manufacturing infrastructure and fragmentation makes it more challenging. Could be huge wins for those who crack this one up.
How a super smooth brain's journey down the @terra_money rabbit hole 🐇 convinced me this ecosystem is the real "Future of France" 🧵👇
1/ I was made aware of @terra_money back in Feb, but never started really exploring it until about a month and a half ago. And what I've seen so far, has completely blown my mind 🤯
2/ The main thing that has me so boolish about this ecosystem is that the developers clearly understand that in order to gain mass adoption, you CAN NOT buidl things just “for crypto users”.
That was v 1.0 (bitcoin) and v 2.0 (ethereum).
That was v 1.0 (bitcoin) and v 2.0 (ethereum).
1: The global banking industry is showing signs of renewed health:
i. Deep capital reserves-Tier-1 capital is at decade-high ~12.6%.
ii. High liquidity: Loan-to-deposit ratio fell to~90%, as comp. to 120% in 2007
iii. Innovation: Investment in digital capabilities & partnerships
i. Deep capital reserves-Tier-1 capital is at decade-high ~12.6%.
ii. High liquidity: Loan-to-deposit ratio fell to~90%, as comp. to 120% in 2007
iii. Innovation: Investment in digital capabilities & partnerships
2: Banks have taken an axe to costs, yet profits remain elusive (falling ROE and P/B Multiples), leading to depressed valuations.
The unstoppable march of ‘Four Horsemen’ —Disintermediation, Commoditization, Unbundling/Rebundling, and Invisibility— continues.
The unstoppable march of ‘Four Horsemen’ —Disintermediation, Commoditization, Unbundling/Rebundling, and Invisibility— continues.
3: Technology is breaking up traditional value chains into new stacks.
—Traditional Model: Banks vertically integrated. Competition between banks with similar offerings.
—New Model: Modularization. Specialized service providers compete on product innovation and distribution.
—Traditional Model: Banks vertically integrated. Competition between banks with similar offerings.
—New Model: Modularization. Specialized service providers compete on product innovation and distribution.
