At Framework Venture Partners, we believe that the future of finance will be shaped by what we’ve labelled Fintech 2.0. Simply put, our thesis is that standalone financial products and services will largely disappear and will instead become embedded in the flow of applications people use every day.
This itemized visibility will mean that Apple is likely to forecast when you get married, have children or will be looking to make a major purchases. With all this data, Apple could then offer this person real-time money movements, savings, investments and even mortgages with virtually no paperwork. More importantly, Apple could offer these products with preapproved amounts and rates customized to that person’s projected credit risk.
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