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AgendaNovember 1 2019

Saxo CEO sees strengths in partnerships

Denmark-based Saxo Bank is really more of a fintech. And it is from this long-standing perspective that CEO Kim Fournais tells Edward Russell-Walling how he foresees a bursting of the fintech bubble, and why partnerships are now paramount for all banks.
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Today's fintech bubble is following the same trajectory as the dot-com bubble of the 1990s, and will burst before long, according to Kim Fournais. But the CEO of Denmark's Saxo Bank looks on the bright side, and where others see competition and threat, he sees possible partnerships.

Saxo itself is more of a fintech than a bank. It does have banking licences in Denmark, France, the Netherlands and Switzerland. In some other markets, including the UK, it is authorised as a brokerage. In reality, however, Saxo is a technology provider.

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