Before we get too far away from October, we wanted to recap one of our favorite industry events: Money20/20, which took place October 23-26 in Las Vegas, Nevada. As always, it was an awesome opportunity to connect with others in the fintech space. 11,500+ people from 3000+ companies attended Money 20/20 this year, including 7 from the Boost team, and the event featured keynote speakers like Serena Williams, Derek Jeter, and many other notable names. With so many industry leaders gathered in one place, Money 20/20 is a great place to get a read on upcoming trends in fintech– here are some that we noticed.
1. Heavy payments platform representation.
Payments platform solutions were the most prevalent force at the event, in my opinion. There were a number of payment solution companies with big booth spaces who were making a great effort to stand out in the sea of competitors. If their goal was to leave an impression, they succeeded. Indeed, my inbox was filled to the brim with payments platforms trying to secure meetings with me.
2. Diminished crypto presence.
Last year's event had a visibly strong presence from Crypto but this year that felt muted. No doubt the market has had a strong say in that, although Fireblocks still showed a strong presence and have clearly cemented themselves as the critical infrastructure in Crypto, whether the market is up or down.
3. Strong interest in Boost and white-labeled embedded insurance solutions.
Between the 7 Boost team members attending, we had 100+ meetings, many with companies that were thrilled and intrigued to be meeting with one of the only insurtechs at the conference. Boost stood out positively as one of the few insurtechs companies that could offer such a breadth of high-quality products, particularly to SMB clients. Even more importantly, people were impressed by our embedded white-labeled solutions and ability to build and launch new products through our API.
Hats off to the organizers for putting on a large and engaging show across 2+ days. It was a pleasure to sponsor Money 20/20 this year, and Boost will continue to evaluate our partnership with this event and strategize how best to make the most of our presence.
If you did not get a chance to connect with us at Money2020, don’t worry– the Boost team will be attending more events before the end of the year. Follow us on LinkedIn or Twitter to stay up to date or drop us a line. We would be happy to meet with you to talk more about how embedded insurance can help your business drive customer value.
