Wednesday, March 22, 2023

Fintech Bubble?

By DAC000 , in fintech bubble , at January 25, 2021 Tags:

interesting article from FT presents two different opinions, and argues many start-ups use the suffix “.tech” as a form of branding. About a one minute read.

Comment: yes, the jury is still out but I look at the number of funded startups which is falling. The most insightful comment from the article: “A further problem for fintechs is that anything they can do, traditional banks can copy, and can throw more resources at.”. Incumbents have the financial resources, as well as the experience dealing with regulators — start-up fintechs lack both.