ID Finance is one of GP Bullhound’s digital finance companies to watch in 2019, as featured in the investment bank’s report “Technology Predictions: Trends & innovations shaping the global tech sector in 2019”.
According to the report “ID Finance is pioneering the fintech market by providing digital access to banking services in areas where traditional methods are inaccessible. …ID Finance have developed a proprietary scoring model to determine the risk of their users, providing a technological edge compared to larger banks”. Other companies highlighted in the digital banking sector include SoFi, Brex, Klarna, N26 and Monzo.
Digital banking is one of the ten trends that featured in GP Bullhound’s report with others including consumer subscriptions, the growth of technology penetration in retail and artificial intelligence.
The investment bank experts note that another trend in 2019 is the end of male dominance in the technology sector: female investors and company executives are set to make the technological ecosystem accessible for prospective female entrants.
Founded in 1999 in London, GP Bullhound is a technology advisory and investment firm, providing transaction advice and capital to entrepreneurs. The company has offices in London, San Francisco, New York, Berlin, Stockholm, Hong Kong etc.