Clearly, fintech has changed the shape of the financial services world as well as the modern business landscape as we know it today, where new ideas and technology combine to set the pace, disrupt the norm and innovate, innovate, innovate. The monopoly culture of legacy institutions that set the rules and expected everyone else to follow is a thing of the past. And where traditional banks are often wary of cryptocurrencies, specialist crypto loan providers are filling the gap and using cryptocurrency as collateral.
The three key drivers setting the pace for fintech’s explosion, according to CB Insights? 1) Consumer tech adoption has now reached a tipping point; 2) investors are funding at record levels; and 3) Regulators are now more open to collaboration.
In this recent blog article, “Is Fintech Changing the Rules of the Game,” we discuss how fintech businesses are innovating and creating a new industry normal and how everyone in the industry might benefit from working with fast-moving and innovative start-ups as they find new insights and new opportunities. Read the article.