"Fintech ascends from the underdog position"
In a recent interview with Payment & Banking, Viktor Butsch, co-founder of Payever, discussed his vision for the future of Fintech. Butsch sees the current state of Fintech as focused on making payments smart, seamless, and secure for everyone.
Butsch entered the Fintech scene with a mission to innovate payment solutions that respond to rapidly changing market demands. He believes that payments must evolve as integral parts of a broader digital ecosystem to meet future customer expectations.
According to Butsch, Payever and his role are contributing to this evolution. By focusing on creating solutions that align with the evolving needs of customers, Payever is helping to drive Fintech as a key innovation driver in the financial industry.
In his personal life, Butsch exclusively uses Apple Pay for payments at the supermarket checkout. He anticipates that Apple Wallet will take on additional functions, such as IDs, driver's licenses, hotel access, and car rental keys, further integrating payments into the digital ecosystem.
When not working, Butsch is an avid listener of podcasts about tech, business, and politics. He also watches a few football games and occasionally plays basketball in the summer.
Butsch's favorite finance apps include his banking app, PayPal, and Trade Republic. He appreciates these apps for their offerings and the design of the apps.
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If hypothetically in the role of Minister of Finance, Butsch would expand startup programs like EXIST and invest more in education and digital infrastructure. This approach reflects his belief in the importance of nurturing innovation and digital progress in the financial industry.
- In line with his vision, Butsch aspires to develop Payever's solutions further, ensuring they remain responsive to customer needs and help Fintech become a significant driver of innovation in the broader financial industry.
- Recognizing the integration of payments into the digital ecosystem, Butsch sees the potential for Apple Wallet to expand its functions beyond payments, encompassing IDs, driver's licenses, hotel access, and car rental keys.
- As a proponent of digital progress, Butsch, if hypothetically in the role of Minister of Finance, would prioritize expanding startup programs and investing more in education and digital infrastructure to nurture innovation within the fintech sector.
