Vincent Bastid, CEO of Efma explores the future of financial services. Fintechs are at the forefront of innovation in the financial industry, there is a great opportunity for banks and insurers to partner and leverage their expertise to reinvent financial services. Hear about two successful partnerships.

1. To the endorsing partners
SPECIAL THANKS
Fintech
Reinventing financial services

2. 2
Who we are
Efma is a non-profit association created in 1971 by bankers and insurers.
It brings together more than 3,300 retail financial services companies from
over 130 countries all around the world:
And many more on www.efma.com/members
1

3. 3
Fintech market key figures2
• Global fintech investment in the first-quarter
of 2016 grew 67 percent year-over-year to
$5.3 billion; 62 percent of investments went
to ventures in Europe and Asia
• Funding is booming: almost US$14 billion in
the last 12 months from less than US$1
billion in Q2 2010 to US$3 billion in Q1 2015
• There will be close to US$100 billion invest in
fintech so far
• 50 fintech unicorns around the world and
more than 20,000 fintech start-ups globally
• The top ten privately funded fintechs
represent almost US$50 billion in market cap

4. 3 Successful partnership between
Santander UK and Kabbage
Santander Working Capital Loans
• Working Capital Loans - Provide business
credits with fast and secure access to funds
of up to £100,000 within minutes
• This approach, alongside the technology
provided by Kabbage in this space, has
helped to get the proposition live in less than
9 months
• Use Big data and APIs – customers able to
link their main business current account
during the online application to view the
transactions and make lending decisions
4

5. LaFinBox
• Swiss Life - A leading European provider of
comprehensive life and pensions and financial
solutions
• Budget Insight involved for technological matters -
aggregation of bank accounts technology
• LaFinBox, a global vision of all his accounts
(checking accounts, credit cards, loans, booklets,
employee savings, life insurance, …) balances,
historical, detail and categorization of
transactions and investments
• Investment performance tracking; Push /
emails alerts to manage his savings; A simplified
graphical view of his savings, income and
expenditure
3 Successful partnership between
SwissLife and Budget Insight
5

6. Thank you!
Vincent Bastid
CEO
Efma
vincent@efma.com