Experts explore digital wallets' growth and importance at FMLS 2023.
Sandra Mianda, Founder/CEO at Paypr.work, and David Tirando Blanco, VP at Revolut, discuss digital wallets.
The
rapidly transforming landscape of financial technology was the highlight of a
recent fireside chat at the Finance Magnates London Summit 2023. Experts in the
field, Sandra Mianda, the Founder and CEO at Paypr.work, and David Tirando
Blanco, the VP at Revolut, engaged in a thought-provoking discussion about the
evolution, current status, and future of digital wallets.
The Rise and Evolution of Digital Wallets
Sandra Mianda, Founder and CEO at Paypr.work
Sandra
Mianda set the stage by emphasizing the phenomenal growth of digital wallets,
which are expected to exceed 4.4 billion globally by 2025. "From open
wallets designed to support a wide range of payment mechanism to closed wallets
with brand-specific features, digital wallets are going to reach about 5.6
billion or 65% of the global population by 2030," she noted. Sandra
highlighted how digital wallets have transitioned from straightforward
financial tools into sophisticated instruments integral to modern finance.
David Tirando Blanco, VP at Revolut
David
Tirando Blanco elaborated on this evolution, focusing on the expansion of
functionalities within digital wallets. "We have started to bring
additional features and verticals into this [... enabling] additional insights
on financial management," David stated. He described the journey from
simple payment functions to more complex services that enhance customer
experience and financial health.
The
conversation delved into the segmentation of digital wallets, clarifying the
often-interchangeable terms used in the industry. Sandra explained the
differences between open, semi-closed, and closed wallets, each catering to
specific user requirements and market segments.
the VP at Revolut identified consumer engagement as a key driver for the growth of digital
wallets. He pointed out the potential in sectors with high customer engagement,
like social media and e-commerce, to capitalize on and accelerate the adoption
of digital wallets.
Interoperability and Emerging Trends
A
significant trend in the digital wallet space, as discussed by the speakers, is
the growing interoperability among different wallet types. David highlighted
initiatives like Visa+, which are creating seamless connectivity between
various wallet platforms, enhancing user convenience and transactional
flexibility.
Looking
towards the future, both Sandra and David agreed that AI and government-led
initiatives would significantly influence the digital wallet sector. David
envisioned digital wallets integrating administrative tasks and digital
identities, simplifying interactions with governmental services.
The
discussion also touched on the challenges and opportunities that lie ahead for
digital wallets. David remarked on the competition from big tech companies and
the need for digital wallets to continuously innovate to maintain relevance. He
emphasized the potential for digital wallets to become more than just payment
instruments, evolving into comprehensive platforms that cater to a wide range
of consumer needs.
Digital Wallets: A Staying Trend
In
conclusion, the session at the Finance Magnates London Summit 2023 made it
clear that digital wallets are not just a passing trend. They are an expanding
and consolidating force in the financial sector, supporting a growing array of
use cases. As the industry continues to evolve, driven by consumer needs and
technological advancements, digital wallets are set to play an increasingly
pivotal role in shaping the future of finance.
Sandra
and David's insights at the summit underscored the dynamic and exciting
trajectory of digital wallets, marking them as an integral component of the
global financial ecosystem in the years to come.
The
rapidly transforming landscape of financial technology was the highlight of a
recent fireside chat at the Finance Magnates London Summit 2023. Experts in the
field, Sandra Mianda, the Founder and CEO at Paypr.work, and David Tirando
Blanco, the VP at Revolut, engaged in a thought-provoking discussion about the
evolution, current status, and future of digital wallets.
The Rise and Evolution of Digital Wallets
Sandra Mianda, Founder and CEO at Paypr.work
Sandra
Mianda set the stage by emphasizing the phenomenal growth of digital wallets,
which are expected to exceed 4.4 billion globally by 2025. "From open
wallets designed to support a wide range of payment mechanism to closed wallets
with brand-specific features, digital wallets are going to reach about 5.6
billion or 65% of the global population by 2030," she noted. Sandra
highlighted how digital wallets have transitioned from straightforward
financial tools into sophisticated instruments integral to modern finance.
David Tirando Blanco, VP at Revolut
David
Tirando Blanco elaborated on this evolution, focusing on the expansion of
functionalities within digital wallets. "We have started to bring
additional features and verticals into this [... enabling] additional insights
on financial management," David stated. He described the journey from
simple payment functions to more complex services that enhance customer
experience and financial health.
The
conversation delved into the segmentation of digital wallets, clarifying the
often-interchangeable terms used in the industry. Sandra explained the
differences between open, semi-closed, and closed wallets, each catering to
specific user requirements and market segments.
the VP at Revolut identified consumer engagement as a key driver for the growth of digital
wallets. He pointed out the potential in sectors with high customer engagement,
like social media and e-commerce, to capitalize on and accelerate the adoption
of digital wallets.
Interoperability and Emerging Trends
A
significant trend in the digital wallet space, as discussed by the speakers, is
the growing interoperability among different wallet types. David highlighted
initiatives like Visa+, which are creating seamless connectivity between
various wallet platforms, enhancing user convenience and transactional
flexibility.
Looking
towards the future, both Sandra and David agreed that AI and government-led
initiatives would significantly influence the digital wallet sector. David
envisioned digital wallets integrating administrative tasks and digital
identities, simplifying interactions with governmental services.
The
discussion also touched on the challenges and opportunities that lie ahead for
digital wallets. David remarked on the competition from big tech companies and
the need for digital wallets to continuously innovate to maintain relevance. He
emphasized the potential for digital wallets to become more than just payment
instruments, evolving into comprehensive platforms that cater to a wide range
of consumer needs.
Digital Wallets: A Staying Trend
In
conclusion, the session at the Finance Magnates London Summit 2023 made it
clear that digital wallets are not just a passing trend. They are an expanding
and consolidating force in the financial sector, supporting a growing array of
use cases. As the industry continues to evolve, driven by consumer needs and
technological advancements, digital wallets are set to play an increasingly
pivotal role in shaping the future of finance.
Sandra
and David's insights at the summit underscored the dynamic and exciting
trajectory of digital wallets, marking them as an integral component of the
global financial ecosystem in the years to come.
Coming from a background in English Education, Tom joined Finance Magnates in Autumn 2020, originally as a Content Specialist and Proofreader in his first year. Having completed three successful years with the FM News desk, he has since worked with the team as both an editor and a proofreader.
Previously, he spent almost two decades in the field of education, working around the globe at different institutions and companies, which has influenced him considerably after being immersed in various cultures and business environments.
Now fully developed in this field, he is relishing the challenge of constantly adapting to the ever-changing fintech industry and all the developments that arise.
He holds a bachelor's degree in Marketing and a higher diploma in English Teaching from Cambridge University.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
