Moor Insights & Strategy CEO Patrick Moorhead talks with Niccolo de Masi, CEO dMY about:

• Who's Niccolo and dMY?
• Why quantum?
• Why IonQ?
• University of Maryland National quantum lab 
• Fidelity, Goldman Sachs & financial analysis
• GE & risk management 
• Accenture distribution 
• 200% bookings upside
• Upcoming De-SPAC $DMYI $IONQ 

Disclaimer: This show is for information and entertainment purposes only. While we will discuss publicly traded companies on this show. The contents of this show should not be taken as investment advice.

There Goes the $HOOD 

• https://finance.yahoo.com/quote/HOOD/ 
• Robinhood’s latest stock price after first earnings report as a public company
• Decrease in trading of Dogecoin and other crypto currencies 
• Accounted for a huge percentage of revenue Q1 

BNPL News of the Week 

• https://finance.yahoo.com/news/paypal-no-late-fees-pay-in-4-064150639.html?fr=sychp_catchall 
• PayPal realizes it has to compete  
• Regulators are taking notice of the hot BNPL market 

Topic: Have Your Wine and Drink it too (If this is too long, you could use “Liquid Assets” haha) 

• https://www.vinovest.co/
• There is a fintech for everything! 
• Investment platform for wine enthusiasts 

Not All Good in the $HOOD 

• Robinhood’s “Broken IPO”
• Huge mid-week rally followed by another slump
• Why the rollercoaster? Cathie Wood, convertible notes 
• What went right/wrong? Is an IPO really democratizing finance for the retail investor? 

BNPL Gets Squared Up

• https://www.wsj.com/articles/square-agrees-to-acquire-afterpay-for-29-billion-in-all-stock-deal-11627855390
• Square acquires Afterpay, what this says about the future of BNPL 
• Other recent news from Square - making a big banking play

“You Don’t Know Jack”

•  https://www.protocol.com/fintech/square-tbd-crypto-strategy
• Square launched an open developer platform for non-custodial permissionless and decentralized financial services.
• I was quoted in the article calling Dorsey “Jack” when talking about his crypto infusion into business units 

Topic: Super Apps

• https://www.protocol.com/newsletters/protocol-fintech/revolut-super-app
• Is now the time for super apps in the US? 

Acronym of the Week: KYC (Know Your Customer)

• Mel explains 
• Recent KYC experience with LEX investment app, regtech making this easier, importance to AML and anti-terrorism 

Final Thoughts

• Prop tech
• AI

Moor Insights & Strategy CEO Patrick Moorhead talks with IonQ CEO Peter Chapman on:

-how Peter got into quantum

-how IonQ started

-IonQ team

-IonQ on the big 3 cloud platforms

-compatibility

-how the company is different

-how to measure quantum performance

-more than qubits

-$IONQ the investment

Disclosure: This podcast was sponsored by IonQ. 

Disclaimer: This show is for information and entertainment purposes only. While we will discuss publicly traded companies on this show. The contents of this show should not be taken as investment advice.

Fintech and Farmland 

• https://www.forbes.com/sites/moorinsights/2021/06/24/fintech-and-farmland-how-fintech-platforms-are-allowing-retail-investors-to-dig-into-land-investments/?sh=584663c1453f 
• Investment platforms to invest in farmland 
• Gates, Bezos, etc. all buying up tons of farmland 
• Inflation hedge, diversification with uncorrelated assets, dividends, etc. 

PayPal raises prices as we emerge from a pandemic  

• https://www.protocol.com/newsletters/protocol-fintech/paypal-new-rates?rebelltitem=1#rebelltitem1?rebelltitem=1 
• PayPal raised prices on some of their products for merchants   
• Mel quoted as saying their offering isn’t unique enough to differentiate ruffled some feathers ;)   

Wall Street and Venture Capital are converging on Digital Asset Securities  

• https://www.coindesk.com/securitize-fundraising-round-led-by-morgan-stanley-blockchain-capital
• Morgan Stanley has made its first investment into the blockchain space co-leading Securitize’s $48M series B round 
• • MS added at BTC investment product in March  
  • Demonstrates the growing popularity of digital asset securities among legacy finance stakeholders 
  • Securitize BD/TA  
  • Is this the future of private markets? 
• https://www.ft.com/content/36413e3e-7915-45c7-b4ce-ccbeac972c94 
• • Andreessen Horowitz launched new $2.2bn fund for digital assets
  • Third fund for digital assets a vote of confidence in sector facing regulatory scrutiny
  • Looking “for the next generation of visionary crypto founders” 

Acronym of the Week: HODL 

• Mel: explains  

Wrap up - next time we will have a guest to talk about women in Fintech. 

This podcast is for information and educational purposes and should not be used as investment advice. Please see an investment professional.

Diversity in Fintech https://www.bloomberg.com/opinion/articles/2021-06-01/personal-finance-fintech-apps-like-robinhood-are-leaving-women-behind 

Feedback on diversity from last podcast 

Issue of women being left behind

De-SPACs and IPOs 

Sofi - huge debut, then announced availability of IPO shares on their platform for other SPACs.  Katapult - lukewarm 

Marqeta - massive valuation, 

Interesting to note that Marqeta chose to go the traditional route rather than SPAC - CEO makes reference to that in interviews 

Leading Change

https://www.protocol.com/newsletters/protocol-fintech/overdraft-fees-ally?rebelltitem=1#rebelltitem1 

Fintechs aren’t just making waves on Wall St. - they are prompting legacy FIs to make changes to keep up with how they serve customers. 

Mel: Fintechs are definitely playing a role in putting pressure on legacy banking institutions. We saw this happen when Schwab, TD Ameritrade, and others eliminated trading fees once Robinhood and no-fee trading platforms gained traction and then last week when Ally eliminated overdraft fees.  challenger banks like Chime, etc. 

What else should we expect? 

Open banking, control of data, 

Acronym of the Week: NFT 

There are so many in Fintech, it can be hard to keep up. Let’s pick one everyone is talking about. NFTs. 

Mel: explains Non-fungible tokens 

Wrap up

This podcast is for information and educational purposes and should not be used as investment advice. Please see an investment professional.

This podcast is for information and educational purposes and should not be used as investment advice. Please see an investment professional.

Who is Mel and Why FinTech? Pat discusses why MI&S added FinTech+ Melody introduces herself. 

Latest in Trading Apps and Recent Hearings

Topic 1. What's the latest with trading apps and the recent hearings? https://www.forbes.com/sites/moorinsights/2021/02/05/gamestopped-trading-app-fiasco-shows-free-trades-does-not-mean-trading-freely/?sh=90fd2b85efac regulatory changes, gamification issues, PFOF, etc. 

OCC,SEC Shake-ups, Diversity in AI, Open Banking

Topic 2: Other regulatory issues happening in fintech OCC and SEC shake ups, looking at diversity in AI, open banking, etc. 

SPAC and SEC Regulation Changes: Good or Bad?

Topic 3:  There have been some regulatory changes around SPACs and the SEC slow down on that. The SPAC market is really hot at the moment. Is it slowing down?

The "good" fintech SPACs now - SoFi, Katapult, Lottery.com 

The slow down is good. Every celebrity wants a SPAC. That can’t happen and become like the ICO boom in 2017. 

Public’s new SPAC tool to monitor the market 

SPAC Market

Topic 3: One of those SPACs is Katapult, a type of BNPL. Another hot topic right now. Mel wrote about it in Forbes and also has spoken about it recently. Why is it so hot? https://www.forbes.com/sites/moorinsights/2021/01/22/affirm-ipo-puts-a-spotlight-on-the-buy-now-pay-later-industry/?sh=3200cd7a410d 

It addresses so many issues of pandemic shopping, spending and economic factors  Encompasses everything in the buying cycle from credit decisioning to checkout  The valuations of these companies were astronomical and now are coming back down to earth

FinTech Valuations: Trend or Fad?

Topic 4: Valuations of fintechs have been pretty high in general. Is this a trend or a fad?  I recently spoke with a number of VCs and got their take on what's happening in fintech, what they are investing in and why, and why/when they are willing to pay high prices and double down on products https://www.forbes.com/sites/moorinsights/2020/12/16/collaboration-is-the-new-competition-in-fintech/?sh=355c6c416e6f 

Final Thoughts 

So much going on, we should do this every couple weeks to stay up to speed. What's next in fintech? What should we be watching for? 

Every startup is a fintech. Prop-tech, construction (Procore's IPO), farm tech (yes, really!) and post pandemic recovery will determine how fintechs will adjust their offerings and build on the compressed disruption during the pandemic.

This podcast is sponsored by 8x8.

Bryan Martin is 8x8’s technological visionary, leading the company’s drive to patent a range of disruptive and innovative technologies. With an excellent sense of how cloud communications transform enterprise communications and customer service, Bryan led 8x8 as CEO from its early days as a VoIP pioneer to its current position as the leading provider of Unified Communications as a Service. Before becoming CEO in 2002, he held the positions of Chief Operating Officer, Chief Technical Officer and Senior Vice President, Engineering Operations.

Martin holds 65 United States Patents in the fields of semiconductors, computer architecture, video processing algorithms, videophones and communications. Internet Telephony magazine named one of the “Top 100 Voices of IP Communications.” Bryan also served on the California Broadband Task Force for the Business, Transportation and Housing Agency, and later became Chair of the task force’s Emerging Technologies and New Applications Working Group. Bryan is a member of the IEEE and Tau Beta Pi and received bachelor’s and master’s degrees in electrical engineering from Stanford University.

Moor Insights & Strategy paper  https://moorinsightsstrategy.com/research-paper-now-is-the-time-for-your-enterprise-to-adopt-an-open-communications-platform/

Denise Ruffner recently became VP Of Business Development for IonQ. She was previously the Chief Business Officer for Cambridge Quantum Computing. Prior to that she was with IBM Quantum where she led the IBM Q Startup Program and IBM's global ambassador program and in charge of the quantum team’s sales strategies. Denise is also a Senior Advisor for the OneQuantum startup network and she is the founder of Women in Quantum. 

1. What is Women in Quantum and why the need for such an organization?

2. What response has WIQ received from the quantum ecosystem?

3.What is the importance and role of the community in quantum technology?

4. Can you tell us more about the Women in Quantum summit?

5. I hear that you even have a 15-year-old speaker for the Summit?

6. What do you plan for the next WIQ?

7. What are you most excited by in quantum today, and what do you want women considering a career in quantum to know?