Fintech

Leaseweb Hosts “Fintech Talks” Event in Estonia

FintechThe Latitude59 tech conference was held in late May for the 11th straight year, featuring almost 100 speakers from 20 different countries around the globe. Topics ranged from “The Future of Cybersecurity” to “The Future of Sustainable Food,” and, new for this year, Leaseweb partnered with online investment platform TWINO to host the “Fintech Talks” event.

Latitude59 is Estonia’s largest annual tech conference, and during its most recent iteration, 13 different topics were addressed by the speakers. Priit Salumaa, co-founder of Latitude59, moderated the discussion, while the panel included thought leaders such as Roberts Lasovskis, TWINO’s P2P platform lead, Kristjan Kangro, CEO and founder at Change, and Joyce Y. Shen, venture capitalist at Tenfore Holdings and data science professor at Berkeley.

Shen’s address, in particular, covered the intersection of commerce and big data that characterizes the world of fintech, in addition to opportunities in the burgeoning fintech industry that are waiting to be filled by the next generation of startups.

A Focus on Fintech

These opportunities are emerging largely thanks to the next generation of customers. Young people have vastly different conceptions about banking than their parents’ generations, and recent developments in mobile banking technology mean that many Millennials or Gen Zers have quite possibly never been to a physical bank. Instead, they view finances through the medium of their smartphone or computer, with banking apps and other online payment options such as Paypal and Venmo.

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