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