Millennials are disrupting the Generational Wealth Transfer 💸; The FinTech M&A Market is about to Boom💥; NYDIG, or another reminder you should never put all your eggs in one basket 🪺

FinTech is Eating the World, 27 October

Hey Everyone,

And good morning from Las Vegas🇺🇸 one last time! It’s been a super busy week, the jet lag is almost gone, so it’s a perfect time to talk about FinTech again. Today we’re going to look at millennials that are disrupting the Generational Wealth Transfer (& what you should know and do to prepare for it + 3 bonus reads), the FinTech M&A market that is about to boom (we’ll look ahead & explore 3 bonus reads), and NYDIG, or another reminder you should never put all your eggs in one basket (it was a bad call from the beginning). Let’s jump straight into the awesome stuff:

Millennials are disrupting the Generational Wealth Transfer 💸

Spotting the trends 🔎 It’s obvious that attitudes towards investing vary quite substantially across generations. While this isn’t particularly surprising, what’s important here is that it’s causing delays in the generational wealth transfer that’s about to begin.

More on this 👉 The abovesaid trends are posing new challenges for financial advisors, WealthTechs, and FinTech companies alike.

Between 2020 and 2030, more than $68 trillion in wealth will transfer from boomers to millennials and Gen Z, as per The Street. Here’s how the younger generations will invest, and what you have to know to prepare.