Introduction Once the would-be industry disruptors, banking tech startups are now largely on the defensive. They are keenly focused on reaching profitability to win back investors that soured on growth stocks once the Federal Reserve started hiking interest rates. This is a major reversal in mindset for the tech industry, which has historically prioritized growth over profits. ...
READIncreasing digital adoption is profoundly altering how consumers and businesses interact with financial institutions. While the funding environment for U.S. fintech has cooled from a red-hot 2021, changing customer preferences and innovative products continue to dominate the landscape. In this webinar rewind, find out how banking technology is making banks more efficient and ge...
READAs predicted , U.S. fintech funding in 2020 outpaced 2019 in both amount raised and volume of transactions, despite — and in some ways due to — the COVID-19 pandemic. S&P Global Market Intelligence foresees another strong year in 2021, which has already burst out of the gates due to Robinhood Markets Inc. 's $3.4 billion raise amid the GameStop Corp. frenzy. Though the virus wr...
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