Timo Dreger

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[Timo Dreger @insurtechforum]

💥 Happy to speak at Europe's Largest InsurTech Conference Insurtech Insights.

👉 Let's meet and discuss the future of insurtech/ insurance.

👌 Looking forward see you guys.

🌍 #insurtech #insurance #insurtechweek #insurtechinsights #insurtechMENA #venturecapital #fintech

[Timo Dreger @insurtechforum]

Most #banks will face a core banking replacement in the next 24 months. How to do it? These are the most common suggested strategies

#Innovation #Fintech #Banking #OpenBanking #OpenAPIs #Microservices #FinServ #CoreBanking #OpenData #Cloud #SaaS

[Timo Dreger @insurtechforum]

Consumer Fintech ARPUs range from around $10+ (P2P payments, BNPL)...to $80+ (neobanks)...to $600+ (crypto exchanges). Helpful numbers to keep in mind as a founder or investor to understand how many users you need to build a business! #fintech

[Timo Dreger @insurtechforum]

In today’s digital world, the value of payments is about transforming insights 💭 generated by transactions 💱 into hyper-personalised services.

#fintech #payments #banks #banking #digitalbanking #digitalfinance #partnerships #digitaltransformation

[Timo Dreger @insurtechforum]

Compelling #embeddedinsurance propositions require a blend of convenience, simplicity and price for consumers...
#insurtech #insurance

[Timo Dreger @insurtechforum]

Reading a lot about #platformeconomy and platform businesses I have recognised that they are taking over every industry and are already a part of our everyday lives whether we like it or not, whether we realize it or not.

#fintech #insurtech

[Timo Dreger @insurtechforum]

you have probably already heard about the abundance of VC capital sitting on the sidelines.

dry powder?

While funding returned to 2020 levels and valuations halved (or worse), there are about $290bn waiting to be deployed (US). #vc #venturecapital #fintech #insurtech

[Timo Dreger @insurtechforum]

An average (median) unicorn had the post-money valuation (PMV) of $1.8 billion ($1.3 billion) at the time of attaining the unicorn status (“Unicorn round PMV”). #venturecapital #fintech #insurtech

[Timo Dreger @insurtechforum]

Apple will offer a savings account with Goldman Sachs.

Apple is becoming a bank. Here's why it makes sense:

📱 Apple has more than 1B iPhone users. This means they have a distribution channel to sell ANYTHING right into the pockets of 1B people.

#fintech #banking #embedded

[Timo Dreger @insurtechforum]

How long does it take to achieve Unicorn status in US?

#Unicorn #Fintech #startup #VC #insurtech #venturecapital

[Timo Dreger @insurtechforum]

Mastercard’s New Payments Index 2022 found that 85% of people in the #menaregion have used at least one emerging payment method in the last year.
#payment #banking #finserv #fibtech #fintechmena #mena

[Timo Dreger @insurtechforum]

German #fintech N26 says no new funding needed before it breaks even

@FrRonconi @kuriharan @rwang0 @AlbertoEMachado @TerenceLeungSF @TomRaftery @SpirosMargaris @MikeQuindazzi @mclynd @KamLardi @Timothy_Hughes @dinisguarda @KirkDBorne @EvanKirstel @UrsBolt
https://t.co/LHtM2WbasE

[Timo Dreger @insurtechforum]

📌Visual map of the major local card networks in the world! There are more networks, please mention your additions below. 💬

#fintech #banking #finserv #payment

[Timo Dreger @insurtechforum]

Partnerships don’t usually generate returns in the short term. Building trust takes time. Often 12-18 months or even more.

Don’t trade long-term gain for short-term savings.

#partnerships #ecosystems #partnerprogram #fintech #insurtech

[Timo Dreger @insurtechforum]

Controverse discussion - is #Fintech a complexity maker ?

@abracarioca @JeroenBartelse @nigelwalsh @floriansemle @andi_staub @SabineVdL @insurtechtalk @MCins_ @FGraillot @TunstallAsc @rickhuckstep @SpirosMargaris @BetaMoroney @jblefevre60
https://t.co/L1adVoy7Lg

[Timo Dreger @insurtechforum]

Alternative #Payment Methods (#APMs) usually provide a very strong local solutions reflecting market preferences around the globe 🌎:
✌🏼 Buy-Now-Pay-Laters
📲 Digital Wallets
🏦 Bank Transfers
💵 Cash Payment Schemes
🪙 Cryptocurrencies
and more…

#fintech #banking

[Timo Dreger @insurtechforum]

Last week only, 2 tech startup have been acquired by incumbents:

👉 @Allianz acquires @simplesurance to reinforce its place in embedded insurance
👉 @MunichRe buys API-focused startup @apinity_io

No acquisition price were communicated...

#insurtech #insurance #venturecapital

[Timo Dreger @insurtechforum]

Munich Re buys API insurtech Apinity from Allianz - The insurtech supplies application programming interface (API)
#insurance #insurtech #venturecapital
@jblefevre60 @SpirosMargaris @stratorob @globaliqx @SabineVdL @BetaMoroney @MCins_ @ipfconline1
https://t.co/hnTgtiCHT3

[Timo Dreger @insurtechforum]

Wefox founder and CEO: #Insurance is the one of the most crisis resistant industries worldwide #insurtech

@sebbourguignon @enilev @Khulood_Almani @Shi4Tech @CurieuxExplorer @JeroenBartelse @FrRonconi @NevilleGaunt @chidambara09 @mikeflache @HaroldSinnott
https://t.co/ZdQ18UyjMW

[Timo Dreger @insurtechforum]

Key Open Banking Regulatory Milestones to watch in Q3 2022-2023

Great movement in EU, Latin America & Africa.

#openbanking #fintech #banking #finserv #payment #insurtech