Four recent stories regarding Google signal that it, too, is following a similar path and is on its way to becoming the next big fintech vendor:
The chasm between start-ups and incumbents is massively exposed by coronavirus.
“What does fintech and the wider financial services sector look like in a post-Covid-19 environment?” No one can yet answer this with any certainty, but little happens in the European fintech space that does not cross our radar screen and we believe there are some notable trends that can help to better understand some of the possible outcomes.
The COVID-19 pandemic has brought to a head the importance of a digital economy. In this context, competition is set to accelerate in the fintech sector as the digital shift will make stakeholders fight for market share, according to tech advisory and investment firm GP Bullhound.
Investment in the financial technology space has skyrocketed globally over the last decade. Fintech has transformed nearly every aspect of the traditional bank.
Primer, a U.K. fintech that wants to help merchants consolidate their payments stack and easily support new payment methods in the future, has quietly raised £3.8 million in funding.
The COVID-19 crisis has put the entire banking ecosystem under stress, with the need for personalized digital solutions, a strong capital foundation and visionary leadership being more important than ever.
Around the world, small businesses have been hit extremely hard by the impact of the coronavirus.
PayPal, Western Union and FIS have all launched accelerators to fuel the future of fintech — but not in NYC or SF.
In the past three decades, the financial industry has transformed. Innovation has skyrocketed. The uptake in new technologies means that the landscape is entirely different to even ten years ago.
What in recent years has been used as a term to define alternative lenders, and direct-to-consumer disrupters of banking, “fintech” has circled around again to include any technology company creating innovative solutions for financial institutions.
Fintech businesses are lobbying the Treasury and the Bank of England for cheap funding to allow them to compete with big banks throughout the coronavirus crisis.