Xconomist of the Week: Rebecca Lynn on the Financial Services Boom
07/05/2012 Leave a comment
Morgenthaler Ventures partner Rebecca Lynn, thinks it’s a great time to be innovating in financial services, for at least three reasons. First, an economic environment where interest rates are so low and lending practices are so strict that people are looking for places other than banks to park their money or get loans. Second, the advent of “big data,” including social data, which gives Web-based financial services companies new ways to evaluate risk and tailor their services. Third, the mobile revolution, which gives everyone instant access to information about their finances.