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Everything You Need To Know About What Amazon Is Doing In Financial Services
Report

Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights, 2020


Editorial Rating

8

Qualities

  • Eye Opening
  • Overview
  • Concrete Examples

Recommendation

Amazon is a multinational powerhouse in e-commerce. Now the retail and tech giant is also developing a financial services hub with the potential to radically disrupt the traditional banking model. Amazon’s reach is extending into payments, banking, insurance, fintech, lending, and more. Is a “Bank of Amazon” far behind? This informative synopsis from CB Insights on Amazon’s forays and ambitions will interest financial professionals and likely surprise most Amazon customers.

Take-Aways

  • Amazon has steadily expanded its financial service offerings since 2007.
  • The company wants to bring the world’s underbanked and unbanked into its sphere.
  • Speculation abounds about Amazon’s ultimate financial services goals.

About the Author

CB Insights is a data and business analytics firm.