Australian FinTech pioneer who until recently was founder, CEO and driving force behind Bigstone Capital becoming one of Australias leading SME lending marketplaces delivering improved access to capital for hundreds of SMEs, double-digit returns to investors, and securing multiple funding rounds and lending commitments of over $30M. As an Ex BCG partner, Boyd has deep knowledge of many domains in Financial Services and has been involved in multiple financial tech start-ups in insurance, asset management and lending. He has over 20 years of international experience developing profitable growth strategies, driving operational performance improvement, leading post-merger integrations, and building new capabilities and ventures for Fortune 500 companies within information intensive services sectors (Banking, Insurance, Wealth, Payments & Health Care)
This panel, the last of the day, looked at how fintech intermediaries fit in an industry that’s getting tougher and heading towards consolidation.
Peter White emphasised the role of brokers as a central intermediary, noting that they are driven by the National Consumer Credit Code. They don’t give advice they give assistance by law.
Michael Burke noted that things are getting tougher but there is still a major role for intermediaries, but margins and revenues aren’t as high as many hoped.