Veronique Barbosa

RSS-veronique-barbosa
Flux

Co-Founder and COO

Veronique is one of the 3 founders at Flux and is their COO. She's Brazilian, French and American but considers London home. Before Flux, Veronique was employee #4 at Revolut and headed up partnerships with a focus on driving user acquisition. She took the company to 400,000 users before setting out to start Flux. She is also a former investment banker, previously at Morgan Stanley in London for several years. Reach out on Twitter! @vbarbosa

Event Sessions Featuring Veronique Barbosa


Roundtable (Breakout)

Making the Marketplace ‐ Round Table Discussion

London Summit 2018 - Monday 26 March 2018

  • All in attendance were in agreement: marketplaces are something we can expect to see coming out of every digital bank, sooner or later. But will the model become a money maker? Clark doesn't think so, suggesting that Tandem prefers to see its marketplace as simply a "benefit to the customer" over a tool for profitability. Myatt also pointed out that we have yet to determine an exact and widespread definition of what we mean by 'marketplace': does it refer to only third-party products being sold by a bank, or will banks eventually sell their own services and products within their apps too? 
  • In essence, the marketplace model should be about "putting the customer's data back in their hands" and allowing them to get the most out of it, said Barbosa. Indeed, both Chisell and Magliulo added that a marketplace should be about "giving way" to those who are specialised, in order to create the most value for their customers. Campbell mentioned that Bud has found higher traction from users sits on non-core products and services: things like energy-switching, travel perks and insurance. 
  • However Plumb warned that at times the marketplace has become a "sexy term" for a bank's partnership strategy, when what they're really offering is not a true marketplace at all. Often we speak about marketplaces as if they are just one generic product, but as in the case of robo advisors, not all marketplaces will be a good fit. Bibas suggested that each bank should develop a specific strategy for different partners, allowing them to create true customer value.
  • For the future, Moreni highlighted the need for banks to be focusing on what value in a marketplace really means to their customers. Whether you give a customer 10 or 3 choices for a service, "it doesn't matter unless you know what it is your customer needs from you," said Dallas. Muis agreed, sayng that if you want people to give up their data, banks will have to show them the value they're going to gain as a result. While a partnership strategy is a no-brainer for most, it'll be the new categories that come out of the marketplace model that will be the most exciting to watch.



Articles Featuring Veronique Barbosa

Exclusive: Digital receipts startup Flux to close down its network

13th October 2022 | Oliver Smith

Flux CEO calls on fintech to "see it, say it, sorted"

8th March 2022 | John Reynolds

Flux hits one million customer mark

28th February 2022 | John Reynolds

New Flux CEO calls paltry number of female fintech bosses "insane"

22nd February 2022 | John Reynolds