Grow Advisors FinTech Minute: 5 Themes Driving Digital Transformation in Banks

Grow Advisors (a Grow VC Group company) publishes its daily insight into the world of alternative finance and fintech. Here are some highlights:

The fast growing European Alternative Finance Market

France, Germany and the Netherlands are the top three countries for online alternative finance by market volume in Europe, excluding the United Kingdom. The French market reached €319m in 2015, followed by Germany (€249m), the Netherlands (€111m).

 The Nordic countries collectively pulled in €104m, while Eastern & Central European countries registered a total of €89m. The UK still dominated the European online alternative finance landscape, increasing its overall market share of Europe to 81% in 2015 with €4,412m.

5 Themes Driving Digital Transformation in Banks

1. Customer Demands
2. Savers hunt for yield
3. Unmet funding needs
4. Credit Card Debt
5. Customer Experience

How organisation design can boost digital execution

A common management expression you may hear in many operational situations is ‘execution trumps strategy’. In the digital world, we have seen this expressed as ideas are worthless; execution is priceless.

Read more at Grow Advisors Blog.