Small is the next big thing! Reimagining Fintech for SMBs

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Conference Whispers: Money 20/20 USA 2024
Small is the next big thing
Speakers
Ron J Williams, Partner, Co-Created
Jean Smart, Founder & CEO, Penelope
Brian Luciani, Managing Partner & Chief Growth Officer
SMB Franchise Advisors,

When
Monday 28 October,
11:10—11:40
(30 min)
The Briefing Room Stage
Session description
In the evolving financial services landscape, big banks and wealth tech platforms are missing a significant commercial opportunity by overlooking “Main Street” consumers and small businesses. According to the SBA, small businesses account for 44% of the US GDP and according to Gallup, 54% of Americans identify as ‘middle class.’ Yet both segments are chronically overlooked by large and established financial service providers.

This session will explore the untapped market potential within these underserved segments, offering insights into how financial institutions can innovate to both capture this vast economic opportunity and drive sustainable community-level impact. Our expert panel will discuss the business model shifts and technological advancements required to serve these markets effectively, while also addressing the implications on financial inclusivity.


Tags
Fundamentally PositiveCredit/LendingSMEPanelThe Briefing Room Stage

 
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Doreen Galli, #Money2020usa, Money 2020 usa, Money 22020, Money 20/20, Fintech,
Ron J Williams, Co-Created,
Jean Smart, Penelope,
Brian Luciani, SMB Franchise Advisors,
Fundamentally PositiveCredit/Lendingm SMEPanel, The Briefing Room Stage