An increasing part of the economy is taking place on the internet.
And that means, in simple terms: an ever larger part of the money moves through the Internet.
But who organizes this flow of money, these trillions of dollars and euros?
One thing is clear: the traditional banks would like it, but often fail because of their old technology and their old self-satisfaction.
Three numbers to prove it:
Deutsche Bank is currently
worth
almost
22 billion euros
on the stock exchange
.
Klarna, a 15-year-old financial technology company from Sweden, is
worth
$ 31 billion as of
this month
Stripe, just eleven years old, founded by two Irish brothers, has been
worth
$ 95 billion
since mid-March
.
Who is behind the new money giants?
Why are they so valuable, how will they possibly change our economy - and do the established providers still have a chance at all?
The two mm editors-in-chief Martin Noé and Sven Clausen discuss this with their colleague Christina Kyriasoglou, one of the tech reporters at manager magazin, in this podcast.