Money20/20 USA was concluded in late October at The Venetian Resort, Las Vegas. The event was a resounding success, with big boots to fill following Money20/20 Europe‘s positive response, which saw more than 4,000 attendees from 1,500 companies take part. The American counterpart had an even bigger turnout with more than 8,000 attendees, from over 2,500 companies participating.
“It is fantastic to celebrate the successful return of Money20/20, the industry’s leading fintech event, with Money 20/20 USA being one of the largest convened anywhere for nearly two years. With a quarter of all attendees being C-Suite and above and more than 14,000 meetings booked via the app across the two events, Money20/20 has proved once again to be the place where decision-makers meet, new partnerships are forged and business gets done”, said Money20/20 President Tracey Davies.
At the centre of the ecosystem, attendees also came to Money20/20 to hear from best in class speakers covering crucial topics shaping the future of the industry. At Money20/20 USA more than 300 speakers, carefully selected from nearly 1,000 submissions, engaged in four days of conversations that will have a direct impact on the industry moving forward. Key themes this year ranged from infrastructure, the intersection of payments through things like crypto and BNPL, and financial inclusion, in particular the provision of financial products and services for underserved, minority communities.
The Money20/20 RiseUp Programme and Stage, in partnership with Trustly, highlighted the challenges and the opportunities that diversity brings. Money20/20 has long advocated that women and people of colour should have a louder voice and more seats at the table in financial services. The RiseUp Programme helps amplify those voices, opens doors and collaborates with our community to empower real change. In support
of these values, nearly 40% of Money20/20 USA speakers were women and 29% were speakers of colour.
Amongst the many brilliant speakers that took to the stage at Money20/20 USA were:
- Earvin “Magic” Johnson, Chairman and CEO, Magic Johnson Enterprises
- Stephanie Cohen, Global Co-Head of Consumer and Wealth Management, Goldman Sachs
- Raja Rajamannar, Chief Marketing Officer, Mastercard
- Jelena McWilliams, Chairman of the Federal Deposit Insurance Corporation
- Umar Farooq, CEO, Onyx by J.P. Morgan
- Eric Sager, COO, Plaid
- Tim Sheehan, CEO and Co-Founder, Greenlight
- Ryan Glover, Chairman/Co-Founder and Michael Render aka Killer Mike, Investor/Owner, Greenwood
- Nikil Viswanathan, Co-Founder and CEO, Alchemy
- Jason Gardner, CEO Marqeta
- Noah Kerner, CEO, Acorns
- Umesh Sripad, Chief Digital Officer, IKEA
- Lior Ron, Co-founder and CEO, Uber Freight
- Daymond John, Founder/CEO of FUBU, Presidential Ambassador for Global Entrepreneurship, Star of ABC‘s Shark Tank and CEO of The Shark Group
- Vanessa Vreeland, Head of Truist Ventures, Truist
- Alissa Knight, Partner, Knight Ink
- Alexis Ohanian, Co-Founder, Former Executive Chairman / Venture Capitalist, Reddit / Founder of Seven Seven Six
- Alex Honnold, World Record Rock Climber, Star of the Academy-Award Winning Documentary, Free Solo
- Danica Patrick, Entrepreneur, Podcast Host, Author, Former Professional Driver
- Garret McNamara, Extreme Waterman, World Record for Riding the Biggest Wave, Star of the HBO Documentary, 100 Foot Wave
There were also more than 150 media and industry analysts at the event to report on the many significant industry announcements, including:
- Mastercard’s partnership with Bakkt, that will see them offer a range of crypto services to any of the thousands of banks and millions of merchants on its payments network.
- Wise, the cross-border payments provider with around 11 million customers, including 300,000 small businesses, confirmed that acquisitions were not on their agenda, despite their recent listing that valued the company at $11billion.
- Nium, the embedded finance company, announced the extension of its range of Banking-as-a-Service products to include cryptocurrency buying.
- Socure, the digital identity verification and fraud solutions provider, announced the launch of Socure Sigma Identity Fraud, which will enable enterprises and government agencies to dramatically increase auto-approval rates and reduce fraud losses, false positives, friction, and costs associated with manual reviews.
- Alchemy’s announcement that they had closed a $250million funding round, which values the business at $3.5billion, making it one of the largest and fastest-growing crypto unicorns.
- Grow Credit launched three new Credit Builder Plans that help US consumers establish and build credit by leveraging their monthly subscription payments.
- Valley Bank announced MRB payment product