AI and Fintech Mix for Financial Inclusion

Reading Time: 5 Minutes

Last month, Berlin hosted the inaugural FIBE fintech festival, a groundbreaking event that brought together ecosystem leaders and innovators, amazing fintech founders, and influential policymakers. 

Speakers and attendees discussed the future of fintech and financial services in a vibrantly positive atmosphere, with AI technologies, and the impact of AI on fintech and sustainable finance, as some of the hottest themes. 

Here's a summary of the most interesting insights and discussions. 

Berlin’s Tech Ecosystem Evolution: From Zero to Hero 

Berlin's journey from a very undeveloped tech scene to a robust ecosystem was a key topic of discussion during the festival. Dr. Carolin Gabor, Managing Director at Caesar, Miriam Wohlfarth, Co-Founder of Banxware, and Sascha Dewald, COO of DKB, shared their perspectives on how the city changed for good. 

In a separate panel, Mondu’s CTO Gil Danziger discussed Germany's supportive yet complex regulatory environment. Despite the challenges, these regulations create barriers to entry for competitors, providing strategic advantages for companies like Mondu that have invested massively in compliance. It was insightful to hear as well further stances from Yaron Golgher, CEO and Co-Founder of I Know First, and Martins Sulte, CEO and Co-Founder of Mintos, talking about Tel Aviv and Riga, respectively - highlighting their vibrant tech ecosystems, while underscoring the size and diversity of the creative talent pool accessible in Berlin.