Escrow, flexibility of payments and network effects - what can Fintechs learn from Platform Businesses
Could a FinTech like Monzo learn from a platform like Deliveroo?
Actually, it could. They are both aligned on their reliance on strong network effects, a critical requirement for either to succeed. Features like escrow and smart, frictionless transactions are effective strategies used by platform businesses - and they can be key to a Fintech reaching its disruptive potential.
Speaker: Nick Fulton, Head of Partnerships at Paybase