Fintech SG

September Newsletter: Bambu wins a place in FUSION, Switzerland. 

Bambu_FUSIONFintech2017_Switzerland

In late August, we were accepted to be part of FUSION, an accelerator program backed by Temenos, Notz Stucki, Swisscard and BNP Paribas in Geneva, Switzerland. The program, which started on Monday, 24th September, will be an excellent place to further develop our private banking product Intelligent Advisor. Switzerland is the home of private banking and it means we will be able to work with some of the best companies in this space. We will keep you updated on our progress there. 

Also on a separate note, we are expanding the team. If the world of start-ups is something you are thinking about please do give us the chance to talk with you. Bambu could be the perfect fit! 

Best regards, 
Ned Phillips and Bambu team

Robo-Advisory the Next Big Thing

Robo-advisory is at the beginning on the robo adventure as investment and wealth were offline experiences for the customers previously. Since then, technology has integrated and has brought us a string of benefits.

We can expect robo-advisory to be the new way of wealth management. Here are Bambu we build softwares for our clients, financial and non-financial firms, looking to saving and investment spaces.

Ned shares there are going to be huge expansion in robo in the coming year. You will see banks and asset managers be the leaders in robo-advisory. China, one of the leading fintech ecosystems in the world, is already offering robo-advisory to their customers.

In the next 3-5years you can expect a growth in robo-advisory in Asia. However, you will not expect a world filled with robots and no human interaction. As Ned says “ I have been around fintech for 25years and I am still here.”

What are your thoughts on robo-advisory in the coming year? Will Singapore be able to match up with China’s fintech scene? Share with us your thoughts.