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Fintechs prove Covid resilience with 11% YoY deal activity growth

World FinTech Report 2021 reveals that the FinTech sector reported 11% YoY deal activity growth in Q4 2020. It comes after four consecutive years of decline and in spite of a volatile environment. ....

Anirban Bose , World Fintech Report , Global Retail Banking Voice , அனிர்பன் போஸ் , உலகம் ஃபிண்டெக் அறிக்கை , உலகளாவிய சில்லறை வங்கி குரல் ,

As FinTech firms become increasingly profitable, traditional banks counter with branded digital-only subsidiaries

As FinTech firms become increasingly profitable, traditional banks counter with branded digital-only subsidiaries
As FinTech firms become increasingly profitable, traditional banks counter with branded digital-only subsidiaries
FinTechs are approaching their next maturity milestone – profitability – as they demonstrated resilience during the COVID-19 pandemic with verticals recording double-digit growth despite sector-wide operational and financial challenges. In response to FinTechs’ growing popularity among consumers and close proximity to profits, traditional banks are creating digital-only entities to appeal to
specific customer segments, according to the
.
More than half (51%) of FinTechs expect their capital reserves to be affected as costs related to staffing, onboarding, and data storage surged during pandemic lockdowns. Yet, despite the volatile environment, the FinTech sector reported 11% YoY deal activity growth in Q4 2020, after four conse ....

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Banks go to war against fintechs - CapGemini World Fintech report

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Banks go to war against fintechs - CapGemini World Fintech report
2 hours ago
Source: CapGemini
FinTechs are approaching their next maturity milestone – profitability – as they demonstrated resilience during the COVID-19 pandemic with verticals recording double-digit growth despite sector-wide operational and financial challenges.
In response to FinTechs’ growing popularity among consumers and close proximity to profits, traditional banks are creating digital-only entities to appeal to specific customer segments, according to the World FinTech Report 2021 from Capgemini and Efma. ....

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World FinTech Report 2021: Banken kontern FinTech-Erfolg mit hauseigenen, rein digitalen Tochtergesellschaften

World FinTech Report 2021: Banken kontern FinTech-Erfolg mit hauseigenen, rein digitalen Tochtergesellschaften
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

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Capgemini SE: Capgemini Press Release // As FinTech firms become increasingly profitable, traditional banks counter with branded digital-only subsidiaries

Good evening, Please find below the press release issued today. Best regards, Marishka MartinsGroup PR Consultant | Marketing ....

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