Jingwei Li has a passion for businesses that promote financial inclusion and leverage data to shake up old-fashioned industries, and he loves jumping into the deep end with the new ideas and products. With a mixture of experience in central banking, investment banking and strategy consulting, Jingwei Li believes there is nothing more exciting than backing ambitious and mission-driven founders who build the market leading businesses of tomorrow.
Which global fintech trend are you most excited about and why?
Open Banking and PSD2 paved the way for opening customer’s bank account data to third-party providers – it is only the beginning. I am most excited about the transition from Open Banking to Open Finance which will break up the silos around all aspects of consumers’ financial life from banking to pensions, investments, insurance and loans. It will spark a shift from a closed model to an open ecosystem where customers are firmly back in charge, allow for more customized and holistic finance management, and spur new innovations around personal finance dashboard, digital identity, API economy, Reg-Tech and more.
What is the fintech you wish you had backed and why?
Truelayer – As one of the first companies to be authorised as a payment initiation (PIS) and account information service (AIS) provider by the FCA, Truelayer built out its offering as a gateway for TPPs to connect to financial institutions to securely access bank data and provide insights on behalf of customers. Today it accounts for more than half of Open Banking traffic in the UK with clients including Revolut and Freetrade. With a further regulatory push, Truelayer could be uniquely positioned to develop similar API platforms in adjacent markets – making it one of the most promising Fintech to watch in 2021.
Which entrepreneur would you invite to a fantasy dinner party?
Neil Shen – co-founder of C-Trip and Home Inns and the founding and Managing Partner of Sequoia China. Neil is widely regarded as the ‘super unicorn hunter’ for leading investments in 10 out of 13 Chinese companies with a valuation of at least $10bn in the last decade, like JD.com, ByteDance and Meituan-Dianping. Given his profound contribution, Neil took the top spot on the Forbes’ Midas List for the third year in a row!
SiGMA World celebrated the iGaming industry’s resilience even in the most troubling of times. With this we also congratulate the efforts made to make the iGaming world ethical, fraud-free and lawful.
Affiliate Grand Slam congratulated the brilliant marketers and influencers bringing much needed attention to a massive portfolio of industries and rejuvenating the economy one click at a time.
AIBC brought together the pioneers of a bright new age of emerging technology ready, able and willing to be the vanguard of Tomorrow. Other than just the established names, we also hosted many an entrepreneur seeking to expand the frontiers of AI and the Blockchain ever forward.
Finally, Med-Tech World united the medical professionals of many disciplines to combine their keen minds and inexhaustible passion for a better tomorrow with the entrepreneurial spirit of investors who also dream of a world free from disease and cancer.
The Week also saw many a networking dinner, speaking panel, drink gatherings and other opportunities for our hard-working delegates to unwind. A few highlights include the awards that congratulated those whose dedication, skill and acumen made them a leading figure in their industry as well as the fact that the conferences where graced by titans such as John Karony, Nolan Bushnell, Djibril Cissé, Akon and Mark Blandford who was awarded an Outstanding Contribution of the Year award for his pioneering work in the iGaming industry.