Kiwibank FinTech Accelerator 2017 rick brown

MEET RICK BROWN, MENTOR-IN-RESIDENCE

Quick Facts:

Favourite Wellington cafe: Sixes and Sevens
Most used app: Wunderlist
Fintech startup to watch: Metromile – https://www.metromile.com
You have dinner with 3 famous people (living or dead). Go: Elon Musk, Peter Blake, Robin Williams

Q&A:

Q: What’s your background?

A: I’m a born and bred Wellingtonian. Graduated from Victoria with a BCA and commenced my career with Ernst & Young. Towards the end of my time there I realised that I had a real bent for technology-enabled business transformation so on arrival in London in the mid-90s this became my focus. This became my first fintech experience implementing a global fund management platform provided by Fidelity to Invesco – two of the largest fund managers in the world. Since moving to London I’ve spent 15 of the last 20 years there working in the fintech sector – for incumbents, fintech eco-system enablers and latterly for fintech startups. I’ve returned back to NZ with a young family and looking to jump-start the NZ fintech eco-system with an additional focus on global growth.

Kiwibank FinTech Accelerator 2017 rick brown

Q: Why are you passionate about startups?

A: In general – helping people turn their concepts/ideas into reality and a successful business.  Specifically with fintech startups is the additional challenge of striking the balance between competing, cooperating and disrupting with the existing industry players.

Q: What drew you to the Kiwibank FinTech Accelerator?

A: I jumped at the opportunity to be involved with NZ’s first dedicated fintech accelerator programme.  Personally, I see it as a fantastic catalyst to increase the visibility of fintech in New Zealand.

Q: What’s your vision for the programme?

A: I’m hoping to help participants recognise that New Zealand fintechs need to look beyond the current enablers in the NZ/Australian market. No NZ banks have released APIs, so NZ startups need to look to the UK and other markets to be able to truly innovate.

Q: What are you most excited about heading into the programme?

A: The great mix of fintechs we have in the cohort – from insurtech, wealthtech to regtech and SMB financial education.

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