Uploaded on May 22, 2023
Read on as Jasper Colin's Market Watchdog screens explored the leading factors contributing to rapid growth in fintech's trajectory in 2023.
Fin & Tech Crashing. Is Fintech the Hope?
Fin & Tech Crashing. Is Fintech the Hope? The financial sector has been experiencing a downturn, with some of the Biggestbanking failures in the US since the Global Financial Crisis leading to widespread sell-offs and falling in investor confidence. Meanwhile, the tech industry saw layoffs increase by over 600% last year, causing investors to reevaluate the once- considered "asset havens." Simultaneously, Fintech is experiencing rapid growth in emerging economies, with three out of four countries already owning a real- timepayments infrastructure, paving the way for digital payments solutions. This fintech revolution is being driven by emerging areas like open banking, API integration, blockchain technology, and De- Fi solutions. Read on as Jasper Colin's Market Watchdog screens explored the leading factors contributing to rapid growth in fintech's trajectory in 2023.
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