Angela Strange, General Partner at a16z, predicts a major shift in 2024: the rise of developers as key decision-makers in financial services. Traditionally led by economic and business factors, purchases are now increasingly influenced by the growing role of developers.
In this episode, Angela traces the evolution from traditional banking to code-driven financial services, discusses the as-a-service layer, and explains how the financial sector is attracting top engineering talent.
Topics Covered:
00:00 - Big Ideas in Tech 2024
01:39 - Big Idea: The Rise of the Developer as a Buyer in Financial Services
06:13 - Examples of financial service infrastructure products
07:47 - Building products and cost/selling structures
09:07 - How financial institutions will adopt new technology
13:30 - Regulatory shifts and updates
13:37 - The impact on customers
Resources:
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Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures.