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As connectivity and device costs continue to fall, so will the usage gap, bringing additional opportunities for new and existing fintechs.
Source: https://www.africa.com/lessons-for-launching-an-african-fintech-in-2023/
As one of the earliest fintechs in the world, Saxo continues to invest heavily into our technology.
Source: https://mid-east.info/saxo-q3-outlook-ai-the-good-the-bad-and-the-bubble/
At that time, he pointed out that fintechs haven’t fared well at all even when you account for the broader dip in valuations at tech companies and as compared to before the recent venture boom.
Source: https://techcrunch.com/2023/07/16/the-fintech-funding-slump-by-the-numbers/
But Asia fintechs bucked this trend: investment reached a record high of $50.5bn last year, data from consultancy group KPMG shows.
Source: https://www.ft.com/content/72dbc66f-cc17-4562-8a41-0d1c06690690
Findings showed that Nigerian fintechs are approaching investors and getting funded, especially from venture capitalists in countries such as the United States, United Kingdom, Switzerland and Belgium.
Harris, second (or first?) in command in the “Money Grows on Trees” Harris-Biden administration, is for financial technology firms (fintechs) to be allowed to lend more to small businesses.
In the UK, Lloyds Banking Group said this year that it is looking to strike partnerships with fintechs.
Source: https://www.ft.com/content/d6322590-0520-459b-93d8-1387f4c0f147
The fintechs offering solutions to consumers’ budgeting challenges fill a gap that traditional banks have yet to tackle.
Source: https://www.bostonherald.com/2023/05/24/these-fintechs-are-automating-the-budgeting-process/
The push from offshore fintechs comes after a surge in the number of consumer payments made using phones.
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