Connected Magazine
Fintechs come out fighting with plans to help more underserved businesses
Revolut et al are expanding into new areas as they look to take more market share from traditional financial institutions, writes Jonathan Keane
Fintech had been on a hot streak for a long while but its fortunes have changed greatly over the past two years.
A report by venture capital firm Finch Capital last September found that in the first half of 2023, European fintech companies raised a mere €4.6 billion, down from €15.3 billion year-on-year.
As the sector eases into 2024, it is still reeling from a downturn across the broader tech sector where funding has become ...