How Banks Can Strategically Counter the FinTech Disruption in 2023 and Beyondby@priya11

How Banks Can Strategically Counter the FinTech Disruption in 2023 and Beyond

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According to C.B. Insights, FinTech fundings in Q3'2022 dropped by 64% year-over-year (YoY) to $12.98 B, the lowest since Q4'20. Nonetheless, the road to 2023 doesn't still look promising for FinTech. Forbes has predicted that although 2023 funding may not rival 2021 growth, FinTech will continue to be a top priority for V.C. investments. In this blog post, we will explore how banks can strategically counter the FinTech disruption in 2023 and beyond.  The global Fintech market is anticipated to reach $225.1 B by 2027 at a CAGR of 12.9%.  So, what does this growth in FinTech investment mean for banks and credit unions?

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Priya Kumari

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