What the FinTech? | S.3 Episode 10 | Making money work harder

In this episode of the What the Fintech? podcast, we’re joined by Jay Swanston, chief platform officer at savings, investing and money management app, Moneybox. In our News in Numbers section, Swanston discusses both how money management apps are booming during the cost-of-living crisis, and, on the other side of the coin, how Canadian wealthtech Wealthsimple has shed 12% of its workforce as the market contracts. Lots of volatility in the space, but also plenty of opportunity as consumers look for ways to make what money they have work harder for them. For the main discussion, Swanston and FinTech Futures reporter Alex Pugh discuss how Moneybox is differentiating itself in a crowded space through diversified products and services, countering humans’ inability to think ahead, the popularity and importance of ESG, and the impact of historically low, but now rising, interest rates on money management apps such as Moneybox. And, finally, we will learn which industry buzzword Swanston has consigned to Fintech Jail!