On 30th March our community came together for FTT Lending 3.0, where we explored the key trends, innovations and technologies that are powering the future of lending.
During the day, our Product and Growth Manager, Jess Mager, sat down with Nick Jones, Co-Founder and CEO at Zumo Interprise. The two discussed the key highlights across the day, what’s new for Zumo and how financial institutions have changed their approach to crypto in the last few years.
Zumo Interprise has built a robust consumer business in the UK and retained their cryptoassets association with the FCA last year. They are now making the move into the embedded finance space to support banks in providing their customers with safe and secure access to cryptoassets.
Nick emphases the importance of giving banks a de-risked way of offering cryptoassets to their clients. As momentum increases, banks will be open to looking at other areas, but for now, many are starting small and with caution in their adoption of crypto.
Listen to the full interview below where Nick discusses the exciting opportunities in peer-to-peer lending and the importance of hybrid models of “DeFi powered CeFi”, in providing a centralised platform that customers can trust.