"Traditional consumer finance has been unfair for decades. Banks have had a monopoly on financial services and have been able to overcharge and underserve consumers."
Taavet HinrikusTiny Panda Quotes
Quotes by Taavet Hinrikus
Taavet Hinrikus, born in 1982 in Estonia, is a pioneering entrepreneur and co-founder of TransferWise (now Wise), a revolutionary online money transfer service that has transformed the way individuals and businesses handle cross-border transactions. With a background in economics and a deep understanding of the financial landscape, Hinrikus has played a pivotal role in making international money transfers more accessible and cost-effective. His vision and determination have not only impacted countless users but have also inspired a new wave of financial technology entrepreneurs seeking to innovate in the industry.
6 quotes found
"As technology progresses, I believe that fintech will fundamentally change finance."
Taavet Hinrikus"People bought bitcoin because they thought it would be worth more tomorrow. And a lot of people got lucky. But we're not seeing real people use bitcoin. And we don't know what problem it solves. Now, blockchain, I think, is a genius advancement in technology."
Taavet Hinrikus"A seed depends on a whole host of factors to grow - from the fertility of the soil to the right mix of rain and sun to not being eaten by a passing bird. The same goes for an idea. For an idea to really take hold, other factors come into play, from timing to the emerging technology that makes it possible."
Taavet Hinrikus"Financial services have always been about trust. Perhaps the biggest barrier to entry has been getting new customers to trust an unknown brand or service, and that's particularly true with digital disruptors who lack a physical presence on the local high street."
Taavet Hinrikus"I was in my early 20s when Estonia joined the E.U. For a kid who'd grown up in the Soviet Union, it seemed like my country had come of age. For a country that had been isolated and cut off from the rest of the world, it seemed like we were becoming part of the global community. It opened a whole new world of possibility."
Taavet Hinrikus