The fintech industry is evolving rapidly, driven by innovations that streamline operations, enhance experiences and transform the economic fabric. CEO Barry C. McCarthy and others share what trends they see shaping this exciting future. https://bit.ly/3xyVu5i
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The global fintech market remains a hotbed of innovation and growth, despite a sobering few years in funding and valuation terms. With the advent of game-changing technologies such as GenAI and with still billions of unbanked and underbanked individuals worldwide, fintech has vast potential. BCG’s second edition of its Global Fintech report covers current fintech industry trends, and four major themes shifting the grounds for success https://lnkd.in/gvdPRG5q
Global Fintech 2024: Prudence, Profits and Growth
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Global Fintech 2024: A new report from BCG and QED focuses on the road ahead for Fintechs. Inspite of lower funding in the last few years, the sector has shown ~14% YOY growth in revenues. The market size is expected to grow to $1.5 trillion in 2030 from current $300M. While the report treads on familiar themes - Generative AI, Embedded Finance, Focus on compliance and profitability. It has some new insights on connected commerce, and advertising as use case for open banking. Overall- a good read on the future of fintech globally. https://lnkd.in/gKPVcZHi #fintech #digital #growth
Global Fintech 2024: Prudence, Profits and Growth
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The global fintech market remains a hotbed of innovation and growth, despite a sobering few years in funding and valuation terms. With the advent of game-changing technologies such as GenAI and with still billions of unbanked and underbanked individuals worldwide, fintech has vast potential. BCG’s second edition of its Global Fintech report covers current fintech industry trends, and four major themes shifting the grounds for success https://lnkd.in/g3fyzvAA #fintech #innovation #growth
Global Fintech 2024: Prudence, Profits and Growth
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JUST PUBLISHED: The state of the #payments market I am excited to share our new deep dive into the payment sector where we analyzed relevant deals, key players in the market, and sector growth drivers including #tech innovation, industry consolidation, and consumer evolution. Timely launch with the kickoff of Money20/20 in Las Vegas today, where Drake Star’s Sam Levy, one of the authors of the report, will be at the conference and looking forward to discussing the research findings with #Fintech leaders, including cross-sector experts from banks, payments, startups, VCs, tech and others. Here are some of the key findings: ▶️ Payments M&A has grown to represent over 50% of overall FinTech M&A activity. ▶️ After a continued decline in payment funding activity, investor appetite is starting to pick up again in Q3 2023 with $9.5bn so far vs. $3.8bn in Q2 2023. ▶️ As investors increasingly focus on profitability, later-stage investments are dominating. ▶️ Valuations in the payment sector have come down significantly amid rising cost of capital and economic uncertainty, fueling further M&A activity. ▶️ The top 10 strategic and financial consolidators in the payment industry focus their acquisitions on Europe and the US. Key targets are payment processing, money transfer and B2B payment solutions. For the update, we also interviewed Karan Mehta, Chief Financial Officer at technology infrastructure provider Cross River, to get some more first-hand insights about the transformative potential of technologies, the evolution of the payments landscape and risks in the industry. cc: Sam Levy, Pablo I. Lundershausen, Mathieu Gratzmüller #MergersAndAcquisitions #paytech #digitalpayments #digitalbanking Download the full report here: https://lnkd.in/g_k86Q4b
Payment Market Overview | September 2023
drakestar.com
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The global fintech market continues to innovate and grow, expected to reach $1.5 trillion by 2030. Despite recent challenges, the sector is shifting towards profitable growth with improved EBITDA margins. Key themes like embedded finance, connected commerce, open banking, and GenAI are reshaping the landscape. Prudence and compliance are now as crucial as growth.
Global Fintech 2024: Prudence, Profits and Growth
bcg.com
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JUST PUBLISHED: The state of the #payments market We are excited to share our newest deep dive into the payment sector where we analyzed relevant deals, key players in the market, and sector growth drivers including #tech innovation, industry consolidation, and consumer evolution. Timely launch with the kickoff of Money20/20 in Las Vegas today, where Drake Star’s Sam Levy, one of the lead authors of the report, will be at the conference and looking forward to discussing the research findings with #Fintech leaders, including cross-sector experts from banks, payments, startups, VCs, tech and others. Download the full report here: https://lnkd.in/ed9z5xWU Here are some of the key findings: ▶️ Payments M&A has grown to represent over 50% of overall FinTech M&A activity. ▶️ After a continued decline in payment funding activity, investor appetite is starting to pick up again in Q3 2023 with $9.5bn so far vs. $3.8bn in Q2 2023. ▶️ As investors increasingly focus on profitability, later-stage investments are dominating. ▶️ Valuations in the payment sector have come down significantly amid rising cost of capital and economic uncertainty, fueling further M&A activity. ▶️ The top 10 strategic and financial consolidators in the payment industry focus their acquisitions on Europe and the US. Key targets are payment processing, money transfer and B2B payment solutions. For the update, we also interviewed Karan Mehta, Chief Financial Officer at technology infrastructure provider Cross River, to get some more first-hand insights about the transformative potential of technologies, the evolution of the payments landscape and risks in the industry. cc: Julian Ostertag, Sam Levy, Pablo I. Lundershausen, Mathieu Gratzmüller #MergersAndAcquisitions #paytech #digitalpayments #digitalbanking
Payment Market Overview | September 2023
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Looking at both 2023 as a whole, and at H2’23 in particular, fintech investor sentiment can be characterized as restrained. Consider some of the key trends we’ve seen across the fintech sector over the past six months: • Increased scrutiny of potential fintech deals, including a very strong focus on profitability. • Strengthening interest in B2B fintech solutions aimed at enablement rather than on B2C-focused business models. • Enhanced focus on partnerships and alliances. • Growing interest in the applicability of AI and generative AI across the fintech sector. • Continued focus on embedded financial products, particularly payments and lending, as part of transition to opening banking. Read the full Pulse of Fintech H2 2023 report and explore the data:
Pulse of Fintech
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The New Fintech Playbook for a $1.5 Trillion Market in 2024 and Beyond: Fintech is balancing innovation with profitability. How the industry is adapting to new realities and preparing for a $1.5 trillion future.
The New Fintech Playbook for a $1.5 Trillion Market in 2024 and Beyond
thefinancialbrand.com
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Great insights on the state of FinTech! With $1.5 trillion in revenue at stake, both start-ups and incumbent banks must adopt a prudent and sustainable approach to drive profits and growth effectively. Here are a few key takeaways from the report: - Fintechs have the potential to enhance EBITDA by over 25 percentage points. - Embedded finance is projected to generate $320 billion in revenues globally. - The FinTech market is expected to reach $1.5 trillion in revenue by 2030. - Connected commerce could be the game-changer banks need to maximize their extensive customer data. - GenAI offers productivity boosts that FinTechs can capitalize on for success. Stay ahead of the curve by leveraging these insights to navigate the evolving landscape of FinTech. #FinTech #Finance #Technology #BusinessInsights
Global Fintech 2024: Prudence, Profits and Growth
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NEW BLOG : 𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫 𝐇𝐨𝐰 𝐭𝐡𝐞 𝐅𝐢𝐧𝐓𝐞𝐜𝐡 𝐁𝐨𝐨𝐦 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐬 𝐘𝐨𝐮𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐏𝐫𝐨𝐟𝐢𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲. Dive into our latest blog to uncover the dynamic impact of FinTech evolution on business profitability. Find out : 🔍 How FinTech is reshaping the global business landscape, from commodities trading to luxury markets. 📈 The transformative power of innovative technologies and their impact on businesses of all sizes. 🌍 Benefits of embracing FinTech solutions, including accelerated transactions, cost reduction, and enhanced security. 💼 How you can experience the Smart Tech Advantage with G-EMx, your trusted partner for business growth! 👉 Read Article: https://lnkd.in/gQGhSbyb ------------------------------------- #gemx #gemxtechnologies #fintechfuture #businessinnovation #growyourbusiness #globalcommerce #techtrend #newblog #financialtechnology #fintech #businessprofitabilityd #sgbusiness
The FinTech Evolution and Impact on Business Profitability | G-EMx Technologies
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