LFP 261 – Finding £90bn of lost assets - with Duncan Stevens, CEO of Gretel

Watch the video episode on YouTube: https://www.youtube.com/watch?v=oXa2V8bRufAIn this episode of The London Fintech Podcast, Tony Clark sits down with Duncan Stevens, Founder of Gretel, to discuss the platform’s mission to reconnect individuals with lost financial assets. Duncan shares how his entrepreneurial journey was shaped by his early life experiences and a strong desire to create purpose-driven solutions. He reflects on the challenges of launching Gretel during the COVID-19 pandemic and highlights the platform’s unique approach to tackling the issue of stranded financial assets in the UK. The conversation explores the social and financial impact of Gretel, including its inclusive design and success in reuniting consumers with tens of millions of pounds. Duncan delves into the scalability of Gretel’s two-sided marketplace model and its focus on fostering trust between financial institutions and consumers. He also provides valuable advice for aspiring entrepreneurs, emphasising the importance of purpose over profit and the need for accessible innovation. Topics Covered:• Duncan’s career journey and inspiration for founding Gretel• The problem of stranded financial assets in the UK• Gretel’s design principles: inclusivity, accessibility, and ease of use• How Gretel operates as a two-sided marketplace• Growth potential within the financial sector and future expansion plans• Challenges of launching during the pandemic• The role of purpose-driven entrepreneurship• Predictions for the future of asset reunification and financial inclusion Tune in to learn how Gretel is reshaping the financial landscape by addressing a critical problem and empowering consumers to reconnect with their forgotten assets. Learn More: Duncan Stevens: https://www.linkedin.com/in/duncan-stevens/ (https://www.linkedin.com/in/duncan-stevens/)Gretel: https://www.gretel.co.uk/ (https://www.gretel.co.uk/)Tony Clark: https://www.linkedin.com/in/tony-clark-07160b/ (https://www.linkedin.com/in/tony-clark-07160b/)The London Fintech Podcast: https://londonfintechpodcast.com/ (https://londonfintechpodcast.com/)

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Interviews with key players in the London FinTech Scene. It really is a Golden Age of Innovation in Financial Services. Perhaps even larger than the last wave of innovation starting around Big Bang time in the 1980s. It is a once in a lifetime epochal shift. Who will be the Financial Services equivalents of amazon, google, facebook? Whoever they will be they will have captured a huge territory and will become the new, difficult to dislodge incumbents. How will this affect banking, insurance and the rest of Financial Services? Who are the people raiding the citadel? What are their stories?