FinTech is Eating the World
Today, FinTech accounts for almost half
of all venture capital investments and
has been adopted by 25% of all small to
mid-size enterprises (SMEs).
At the same time, traditional banks and
financial institutions struggle to compete.
Along with facing greater regulatory
oversight, they often lack the agile
architecture, personnel, and mindset
that digital transformation requires.
Is there any way these incumbents can
compete with the flood of FinTechs that
seek to replace them?
In this ebook we will discuss the following topics:
- The current state of FinTechs and how they reached their present level of adoption
- The benefits and trends of FinTechs
- Several ways tradition institutions can leverage FinTechs