Report Maps FinTech Revenue Models That Are Getting Traction With US Consumers - Seite 3

In addition, FinTechs that use third-party beneficiary models are changing the conversation from how their solutions benefit consumers, to how they benefit everyone. For example, by showcasing not only the impact of their solutions on employees, but also on the financial prospects of their employers, FinTechs are unlocking new revenue pools. The report shows that FinTech firms serving mass-market consumers are forging the path for others in the space, with 43 percent of them adopting revenue strategies that charge third-party beneficiaries against 26 percent of broader consumer FinTech companies.

The report also identifies challenges ahead for the industry. While the report anticipates that viability of specific revenue models will continue to evolve, competition is poised to significantly increase, especially as new players such as the social media and e-commerce platforms enter the field. New technologies and the shift from "unbundling" to "rebundling" FinTech solutions may also shape the feasibility of different revenue model approaches.

The full report can be downloaded at: www.omidyar.com/insights/breaking-new-ground.

About Omidyar Network
Omidyar Network is a philanthropic investment firm that invests in and helps scale innovative organizations to catalyze economic and social change.  Established in 2004 by eBay founder Pierre Omidyar and his wife Pam, the organization has committed more than $1.3 billion to for-profit companies and nonprofit organizations across multiple initiatives, including: Digital Identity, Education, Emerging Tech, Financial Inclusion, Governance & Citizen Engagement, and Property Rights. To learn more, visit www.omidyar.com, and follow on Twitter @omidyarnetwork #PositiveReturns.

About Oliver Wyman
Oliver Wyman is a global leader in management consulting. With offices in 50+ cities across nearly 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 4,700 professionals around the world who help clients optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a wholly owned subsidiary of Marsh & McLennan Companies [NYSE: MMC]. For more information, visit www.oliverwyman.com. Follow Oliver Wyman on Twitter @OliverWyman.

 

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