and pressure mounts on incumbents. As the article quotes “Fintech startups are born digital. This means they use cloud technologies, leverage emerging tech, operate with agility and have the ability to scale quickly”. About a two minute read.
Comment: its a good read but does’t examine the new reality of cash strapped Fintechs, either going bankrupt or being acquired — frequently at knock down prices — by cash rich incumbents. And nthose Ecosystems? No allegiance to Fintechs, they provide B2B services. Doesn’t matter if the customer is a startup Fintech, an established Fintech or an incumbent.