This month our co-founders Christian Faes and Ian Thomas flew off to Switzerland for The World Economic Forum – a meeting of the world’s political, business and philanthropic leaders to discuss pressing issues. 

World Economic Forum Sign at Davos 2016

The theme of this year’s meeting in Davos was ‘Mastering the Fourth Industrial Revolution’. The words ‘industrial’ and ‘revolution’ tend to conjure up images of factories, heavy machinery, railways and smoking chimneys, but this is talk of a digital revolution, where tech can address major global issues and transform the 21st century.

Hot technology topics at the World Economic Forum included robots, cybersecurity, refugees and of course, financial technology. Christian and Ian were there representing UK FinTech with Innovate Finance – an independent organisation representing the global FinTech community. The Chief Executive of Innovate Finance, Lawrence Wintermeyer, wrote this great post in City AM about FinTech’s role in the Fourth Industrial Revolution.

Davos 2016 - World Economic Forum Switzerland

The word FinTech was on everyone’s lips at Davos and we’re proud to be part of a group of companies and startups that are disrupting the financial services industry.

FinTech is bringing about much-needed changes, and every business line from traditional banking is under threat. New, exciting companies are using technology to come up with new innovations, making finance more transparent and efficient for consumers.

The large tech companies had a big presence at Davos; attendees included Microsoft co-founder Bill Gates, YouTube chief Susan WojcickiFacebook COO Sheryl Sandberg and Airbnb’s co-founder Nathan Blecharczyk.

Fourth Industrial Revolution - Tech Companies at Davos 2016 World Economic Forum

LendInvest’s co-founders attended a fringe event at The English Church organised by TechCrunch, which included fireside chats with Arianna Huffington of the Huffington Post and Jimmy Wales, founder of Wikipedia. The hashtag for the event was #TCDavos.



 

TechCrunch Davos

Don’t forget to follow @ChristianFaes and @LendInvest on Twitter to see what we’ve been getting up to!