Covering banking in the FinTech era, the World FinTech Report 2021 from Capgemini and Efma explores how successful FinTechs have breached the profitability barrier and analyzes alternative options for banks to alleviate the competitive threat. Discover how banks can implement digital-only subsidiaries with the “right-field” approach to be successful in the FinTech era.. So how has the market faired in this climate? This year’s report highlights the following messages, and findings:
- Fintechs have been resilent during the crisis, showing YOY growth of 19%
- How profitability has been managed across this segment
- Fintechs continue to operate as part of a broader ecosystem to drive value, offerings and new GTM channels
- New and multiple pricing models are being developed to help monetize the fintech offering
- Fintechs are also looking to expand across geograhies to drive growth faster
Read more at
World FinTech Report – World FinTech Report (fintechworldreport.com)
