Copenhagen was once again the epicentre for European fintech innovation this past week during the 2017 edition of Money20/20 Europe. The three-day event saw thousands of leading experts from across the wider world of fintech come together to debate the future of money in an effort to drive positive disruption and developments throughout the European payments and financial services ecosystem.
This past week, Monday 26th through Wednesday 28th of June, Copenhagen played host to another highly successful edition of the world class conference for professionals and experts from across the financial services sector – Money20/20 Europe. In the United States, Ascential-owned Money20/20 is a well-established industry event that aims to act as a catalyst for continued innovation, primarily in the areas of financial and blockchain technologies, in addition to related regulatory issues.
Just one year ago, 2016 marked the inaugural edition of Money20/20 Europe. Like this year’s event, it was held at the Bella Centre in Copenhagen. The first European event was an unprecedented success drawing nearly 4,000 attendees, 500 of whom CEOs from a total of 1,500 different companies hailing from 70 countries across the globe. Hundreds of expert speakers were featured during the multi-day event, as were 200+ sponsors and 100+ media partners.
Considering the unparalleled success of the first Money20/20 Europe event in 2016, the second edition this year was – not surprisingly – met with with much anticipation. A few members of our Holland FInTech team were in attendance for last week’s event, including our founder and CEO, Don Ginsel, who shared his expert insight during an in-depth panel discussion on the future of payments services regulation in Europe that took place on the second day of the event. Holland FinTech members were well represented among the 200+ companies that participated in the exhibition; among those in attendance were: BehavioSec, Biocryptology, Connective, Five Degrees, GuardSquare, IBM, iSignthis, Rabobank, SlimPay, Signicat, Token, Wirecard, World First, Ximedes, and fellow Money20/20 media partner UL.
This past year, Holland FinTech has worked closely to establish itself with Money20/20 Europe as a key media partner, having even co-organised a number of its Roadshow events, including February’s event at Tech Quartier in Frankfurt, which included collaboration by UL and others. Amsterdam was the most recent stop of the Roadshow tour this past May and was co-organised by Holland FinTech and hosted at the ABN AMRO head office. The Money20/20 Europe Roadshow stop in Amsterdam also served as our monthly meetup event for the local fintech community, and it was once again a big success. [Read the recap here]
As if the excitement of another edition of Europe’s leading event for the fintech sector wasn’t enough, two days prior to kick-off in Copenhagen, Money20/20 Europe made the announcement that next year’s event will move to a completely new venue – Amsterdam!
That’s right, the third edition of Money20/20 Europe will take place on June 4-6th, 2018, on our Dutch home turf at the nearby Amsterdam RAI convention centre. We (and many other Dutch media partners, including UL) are thrilled to welcome Money20/20 Europe to its new home in Amsterdam next year, and we’re already looking forward to it.
But before we get ahead of ourselves planning the 2018 Amsterdam debut event, here’s a look back at some of the event highlights and key takeaways from last week’s gathering in Copenhagen. Seven central theme characterised the agenda of the event, namely:
- The strategic and commercial POS dilemma
- Adventures in Artificial Intelligence (AI)
- Building the next-gen commerce business
- Innovations in data analytics
- Trends in mobile payments technology
- Trends in insurtech
- The future of banking in Europe
Day 1 | Monday, 26 June 2017
To kick-off the event, attendees had the opportunity to witness keynote addresses from several of the foremost leaders and innovators from throughout the world of fintech. Keynote addresses were presented by the likes of Square CEO and founder Jack Dorsey, BBVA CEO Carlos Torres Villa, CEO Barclays UK Ashok Vaswani, Alipay Head of EMEA Operations Rita Liu, and Stripe CFO Will Gaybrick.
First day stand-out moments reported by our team included seeing Rabobank CEO – Wiebe Draaijer on stage, plus mingling with “what felt like 500 familiar faces that first day.” On the first evening an event was held for all the Dutchies in attendance – around 100 friends from our local fintech network stopped by to catch up and enjoy gelato in the sunshine. For a look at some of the highlights from Day 1, see the video produced by Money20/20 [below].
Day 2 | Tuesday, 27 June 2017
For the Holland FinTech team, Day 2 was perhaps even busier than the first. Following a highly informative panel on the topic of Open Banking that included participation from close friend and collaborator of the Holland FinTech network, Conny Dorrestijn, our own Don Ginsel was on stage to join a panel discussion around the topic PSD3 – and no, that is not a typo. Other participants in mid-morning panel discussion entitled The Payment Services Directive 3: This time we mean business, included Douwe Lycklama of Innopay, Jens Lütcke from SOFORT GmbH, and Carlos Sanches from ipagoo.Don Ginsel takes part in panel discussion on PSD3
Immediately after the PSD3 panel, our team bustled off to the next track, this time to listen in on a panel discussion examining the future of banks in payments, and including participation from Pieter van der Does of Adyen, the Netherlands’ undeniable leader in payments innovation. After a busy morning filled with thought-provoking discussions around some of the most important issues currently facing the financial sector, the afternoon was spent attending meetings, networking, and stopping by the marketplace stands to visit our members that exhibited and to scope out some of the other innovative European firms on display. For a look at the highlights from Day 2, take a look at the highlights in Money20/20’s recap video [shown below].
The evening of day two came to a close with a gathering that included most of the crowd to a small fairytale style theme park in Copenhagen’s city centre. It was a warm and pleasant affair with light dinner and drinks sponsored by Money20/20 and Google. The night didn’t end there though. After getting to know some fellow members of the crowd, our team headed our to a venue called the Bird & the Churchkey for what Don Ginsel called, “the coolest event that week: Holland FinTech Dutch Drinks mingling with Drinks by VC’s Balderton & Speedinvest, with all the cool entrepreneurs present!“
Day 3 | Wednesday, 28 June 2017
Our team at Money20/20 Europe was one shorter for the third and final day in Copenhagen. With his non-stop schedule beckoning, Don was forced to head back to Amsterdam a day early to catch-up with other obligations. Fortunately some of our team was able to stay behind and experience the final day of the event. Highlights that Holland FinTech experienced on Day 3 included an enthusiastic debate into customer experience versus authentication moderated by Amos Kater from UL. For a look back at the overall Day 3 highlights, see Day 3 recap video by Money20/20 Europe below.
After another day of panel discussions and networking, the crowd gathered for closing keynote addresses, and to get a look at the winning start-up pitches from the BBVA Open Talent Competition: Artificial Intelligence. To see a few highlights from the winning start-up pitches, be sure to check out the video included below.BBVA Open Talent Competition: Artificial Intelligence | Final start-up pitches