Citi Ventures FinTech Summit 2023
On June 14, 2023, the Citi Ventures FinTech Summit convened hundreds of influential fintech innovators, startup leaders, investors, Citi executives and Citi clients at Citi’s NYC headquarters for a dynamic event exploring the trends transforming financial services — from wealthtech to generative AI and more.
Watch key highlights from the Summit below.
Panels
Click on the titles below to see highlights from sessions at the 2023 Citi Ventures FinTech Summit.
- FINTECH EQUITY FINANCING/M&A MARKET OUTLOOK
- VC PERSPECTIVES ON THE FUTURE OF FINTECH
- POSITIONING BRANDS TO WIN: THE 21ST CENTURY TOOLKIT
- RIDE AND DINE: ELEVATING TRAVEL AND DINING EXPERIENCES VIA YOUR CREDIT CARD
- BEYOND ROBO-ADVISORY: TRANSFORMING WEALTH MANAGEMENT WITH AI
- THE FUTURE OF WEALTH MANAGEMENT
- BEYOND THE LAW FIRM GROUP: THE EVOLUTION OF CITI GLOBAL WEALTH AT WORK
- EMBEDDING FINANCIAL WELLNESS IN THE WORKPLACE
- TECTONIC SHIFTS IN MORTGAGE CAPITAL MARKETS
- EVOLVING OPPORTUNITIES IN SMB & CONSUMER LENDING
- THE POWER OF PARTNERSHIPS: WORKING WITH CITI
The opinions expressed in these videos are solely the speakers’ and do not necessarily reflect the views of Citi. Details reflect speaker titles as of June 2023.
FINTECH EQUITY FINANCING/M&A MARKET OUTLOOK
Given rising interest rates, reduced liquidity and the increasing cost of capital, “the era of cheap money is over." In this panel, four leading experts in the equity markets, IPO and M&A space — Citi’s Chris Norman, Paul Abrahimzadeh and Rick Diamond, and Unlimited* co-founder and CEO Bob Elliott — discuss the shifting market and ways fintechs can navigate the new reality.
*Citi Ventures portfolio company
VC PERSPECTIVES ON THE FUTURE OF FINTECH
The last 15 years have seen the fintech industry grow from a small niche to a vast ecosystem, much of which is supported by venture capital. Citi Ventures' Luis Valdich, Hans Morris of Nyca Partners, Frank Rotman of QED Investors, Patricia Kemp of Oak HC/FT and Ansaf Kareem of Latitude Capital share the VC perspective on the space’s evolution and where it might go next amid difficult market conditions.
POSITIONING BRANDS TO WIN: THE 21ST CENTURY TOOLKIT
AI, mobile and other technologies continue to transform the relationship between brands and consumers, creating a host of new opportunities and challenges. Citi's Terry O’Neil talks to the CEOs of SMS payments platform OneText*, embedded lending platform ChargeAfter* and generative AI-based customer support automation suite Forethought about how next-generation commerce and payments companies can partner with consumer brands to meet customers where they are, improve their user experience and build long-term loyalty.
*Citi Ventures portfolio company
RIDE AND DINE: ELEVATING TRAVEL AND DINING EXPERIENCES VIA YOUR CREDIT CARD
Learn how cutting-edge tech is being used to delight customers amid the post-COVID travel and dining boom, as Citi’s Lisa Giordanella talks with the heads of diner loyalty platform Blackbird Labs and white-label travel solutions provider Rocket Travel — which powers the new Citi Travel portal — about using credit card rewards to build unique hospitality experiences.
Moderator
Lisa Giordanella
Head of Branded Cards Rewards Portfolio and U.S. ThankYou, Citi
Ben Leventhal
Founder and CEO, Blackbird Labs
Sarah Moore
Head, Rocket Travel
BEYOND ROBO-ADVISORY:
TRANSFORMING WEALTH MANAGEMENT WITH AI (INNOVATORS@CITI SESSION 1)
Learn about AI's impact on wealth management as Global Head of Citi Ventures Arvind Purushotham and the CEOs of wealthtech firms Betterment*, Range, Streetbeat and Toggle AI discuss how wealthtechs can — and should — use the technology given its vast potential, current shortcomings and the regulated nature of the wealth management industry.
*Citi Ventures portfolio company
THE FUTURE OF WEALTH MANAGEMENT (INNOVATORS@CITI SESSION 2)
As wealth ownership undergoes seismic demographic shifts — spurred by both women's increasing financial clout and the greatest generational wealth transfer in history — so too must the wealth management industry change. Watch highlights from a fireside chat between Global Head of Citi Ventures Arvind Purushotham and Global Head of Citi Private Bank Ida Liu on how Citi is evolving its wealth strategy to meet this dynamic new future.
Arvind Purushotham
Global Head of Citi Ventures
Ida Liu
Global Head of Citi Private Bank
BEYOND THE LAW FIRM GROUP: THE EVOLUTION OF CITI GLOBAL WEALTH AT WORK
As employers increasingly seek to provide their employees with personalized wealth management solutions, incumbents and startups alike are building and expanding capabilities to serve them. Learn how Citi's own workplace wealth management business, Citi Global Wealth at Work, has evolved over the last 50 years, and what the next 50 years might hold.
Michael Remak
Head of Investments, Citi Global Wealth at Work
Murtuza Rasiwala
Head of Mortgages, Banking Custody and Illiquid Lending, Citi
EMBEDDING FINANCIAL WELLNESS IN THE WORKPLACE
How can employers promote a sense of security and optimism for their employees in uncertain times? Executives from three leading workplace financial wellness fintechs — Matthew Watson of Origin, Frederick Mijnhardt of Secfi and Michelle Tran of Vestwell — talk to Citi Global Wealth at Work’s Vish Venugopala about how they help improve the well-being of their customers’ employees.
TECTONIC SHIFTS IN MORTGAGE CAPITAL MARKETS
The mortgage market is adjusting to a paradigm shift of rising interest rates and regional bank restructuring, which is affecting origination and refinancing activity. Jeff Flynn, Citi Ventures’ lead proptech investor, talks with mortgage experts from Citi, Maxwell and “mortgage-as-a-service” platform Pylon about technology's crucial role in bridging the gap between borrowers and capital providers.
EVOLVING OPPORTUNITIES IN SMB AND CONSUMER LENDING
In this dynamic interest rate environment, consumer and small-business fintech lenders are adapting by fine-tuning customer distribution models and credit underwriting, as well as focusing on strong unit economics for continued growth. Experts from Citi, Nyca Partners, PayJoy* and Ramp* discuss how fintech lenders are leveraging technology and differentiated business models to navigate today’s shifting capital market.
*Citi Ventures portfolio company
THE POWER OF PARTNERSHIPS: WORKING WITH CITI
As a strategic investor, Citi Ventures connects our portfolio companies to teams across Citi in need of their technology solutions. Learn about the mutual benefits created by these powerful partnerships as Eric Sager, COO of Plaid*, and Johnny Ayers, founder and CEO of Socure*, sit down with Alpesh Chokshi, Head of Business Development and Strategy for Citi U.S. Personal Banking.
*Citi Ventures portfolio company
Moderator
Alpesh Chokshi
Head of Business Development and Strategy, Citi U.S. Personal Banking
Eric Sager
COO, Plaid
Johnny Ayers
Founder and CEO, Socure
FAQs
Citi Ventures is a venture investing group within Citi. We invest in category-defining startups that respond to the changing needs of Citi and its clients and have the potential to revolutionize financial services. We work closely with leading companies, Citi’s businesses and industry partners to catalyze responsible growth in the fintech and enterprise tech ecosystems.
Founded in 2010, we have an active portfolio of over 100 startups across seven focus areas: Fintech, Future of Commerce, Data Analytics & Machine Learning, Security & Enterprise IT, Customer Experience & Marketing, Proptech and DLT & Digital Assets. Our team is headquartered in San Francisco with offices in New York, London, Palo Alto, Singapore and Tel Aviv.
As one of Citi’s three venture investing pillars, Citi Ventures partners with Citi Institutional Strategic Investing and the Citi Impact Fund to help the bank deliver on its mission to empower growth and economic progress for its clients and communities around the world.
For more information, visit citi.com/ventures .
Citi Ventures’ next FinTech Summit is planned for Fall 2024 — details and registration to come. Stay tuned!
Citi Ventures runs several in-person and virtual events throughout the year for founders, practitioners and partners in enterprise tech and fintech — including our annual Enterprise Tech Summit.
Stay tuned for more information and opportunities to register for upcoming events!
The Citi Ventures Tech Council is a group of more than 100 senior technology executives from Citi and our peers across industries, who exchange ideas and best practices on new trends to inspire solutions. Tech Council members have exclusive access to a global calendar of events that cover relevant, top-of-mind topics—including our Enterprise Tech Summit and Data Security Roundtables.