Business Mentor

Kunal Patel

Kunal has over 10 years’ experience in product development, innovation & strategy across corporate organizations and FinTech start-ups.  These include banks, payment acquirers, and mobile financial services, spanning Asia Pacific, Europe, Central and Latin America.


He has worked with companies of all sizes, including RBS Worldpay, O2 UK, Telefonica Digital, GoSwiff and Tagit. Kunal has experience in building B2B and B2C products for mobile and e-commerce, digital payments, mobile wallets, payment acceptance, point-of-sale.


He has been part of teams who have worked on innovative solutions and proof of concepts, specifically focused on emerging and existing technology.  This includes Blockchain and AI based platforms.

He is a business mentor for FinTech accelerator programmes, Startupbootcamp (Singapore/Mumbai, India), Supercharger (Hong Kong).


16:15 - 17:00
17 May - Fintech Summit

Digitised Banking is Now. Digital Banking is the Future!

An ideal digital bank of the future would not only offer payments through cryptocurrencies, but also have fully-integrated marketplaces for value chain players

Established banks have been trying to take a stand against being digitally disrupted and have been making attempts at adopting some of the technologies to re-imagine their offerings and processes

In recent years, financial technology (FinTech) companies, which are mostly start-ups, have increased dramatically in number—from about 1,000 in 2005 to over 8,000 in 2017—and have harnessed many new cutting-edge technologies to offer various financial services, while sidestepping the legacy cost structures and regulatory constraints of incumbent banks and financial services institutions. These FinTech start-ups have also found significant encouragement in the form of increasing venture capital investments across sectors.

Technology start-ups are considered the primary disruptors of the traditional financial services industry and its way of working. Along with technology start-ups, a number of non-core players have been entering the banking and financial services domain, primarily through technology innovation and consumer interfacing. Each of these players could potentially disrupt the incumbent banks’ offerings and gain a stronghold in the FinTech space.

1. Understand the difference between digitised banking and digital banking
2. What is required in order to become a truly digital bank
3. Working with FinTech companies - is collaboration the only answer