Tag "fintech industry"
McKinsey Fintech Study: A New Paradigm of Growth
After decades of exponential growth, the fintech sector is now facing a notable slowdown that can be attributed to several factors, including market correction, challenging macroeconomic conditions and changing investor sentiment. Looking ahead, McKinsey predicts that although the fintech industry
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McKinsey: COVID-19 Pandemic Shakes Up European Fintech Landscape
The COVID-19 pandemic and ensuing global economic crisis have shaken up the fintech industry, forcing many to readjust their strategies and expand their revenue streams on the back of a contracted funding environment. After growing more than 25% a year
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Romania Ripe for Fintech Revolution
Although still in early stage compared to nearby countries such as Poland, the Czech Republic, and Austria, the Romanian fintech industry is poised to take off as consumer demand for fintech solutions and digital banking increases, according to experts and
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