Nyca Partners’ Hans Morris hunts for great fintech investments amid volatility

"I think we’re likely to have a war for deposits with too many different types of firms competing for deposits. Just look at the United States last year. All of the deposit growth we saw was explained by Bank of America, Wells Fargo and JP Morgan Chase. Everyone else shrank. But if you have Monzo and Revolut come to the U.S. and you look at Acorns, MoneyLion, Chime and 15 other prepaid models or fully chartered bank models, they’re all going to have a pretty slick interface, and they’re all going to be out there competing for deposits."

Good interview of Hans Morris on what he thinks is interesting.


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