02 October 2013
The new wave of innovative banks
Background:The disruptive banks are out there and are known. In fact, they’ve all spoken at the Financial Services Club or related events, and include Fidor Bank, Moven and Simple. These companies are all backed by teh financial innovation fundraiser, Anthemis Group. In Poland, these disruptive changes have been clearly demonstrated by the launch of Alior Bank and the response to their launch from BRE Bank. BRE Bank has just rebranded to mBank and is now in a leading position to not just challenge innvoation in Poland, but anywhere around the world. To find out how the landscape of retail banking is changing, the Financial Services Club Poland has gathered two of the leaders in this space to provide us with the insights into what is changing.
Udayan Goyal, co-founder, Anthemis Group
Anthemis invest in the disruptive new financial startups and, as well as the companies mentioned, have a portfolio that includes payments disruptors such as the Curency Cloud and investment innovators like eToro. One of the founders of Anthemis is Udayan Goyal. Udayan Goyal has completed over 200 deals in the Fin Tech space to date, including a number of recent flagship transactions such as Worldpay, Interswitch and Network International. He was formerly the Managing Director and Global Head of Financial Technology Advisory at Deutsche Bank AG in the Global Financial Institutions Group based in London.
Michal Panowicz, Director, Project mBank
Michal Panowicz has managed the project of New mBank (BRE Bank) and is co-creator of the New mBank project strategy. He has been conducting the concept stage and the implementation of the most innovative project in the Polish banking market. Employed at BRE Bank since 2011.
Previously he worked in Poland and the USA. Since 2006 he had been employed in Business Management Office at Microsoft headquarters in Redmond, where he was responsible for creating complex directions of the company’s development, e.g.: natural user interface strategy, strategy of competition against Apple and business effectiveness improvement. At eBay, he was involved in working on acquisition of Skype, and in Boston Consulting Group office in Warsaw, he created development directions of the major Polish banks and financial institutions.
A graduate of MBA at Harvard Business School.