Despite the recent weakness thanks to inflation and rising interest rate fears, the broad technology sector has been hit especially hard, including fintech. However, investors can take a “buy the dip” approach and gain exposure to fintech as the sector continues to evolve via industry trends. That said, it sets up fintech as an ideal growth play. Traditional financial firms are looking to integrate fintech products as the space gains more traction working alongside the current financial sector establishment. “Fintech, or financial technology, is transforming the way we manage our money. From mobile banking to cryptocurrency, there are a multitude of innovative financial products and services that are changing the financial landscape,” a Finextra blog noted. While the financial sector could be especially resistant to change, the fintech disruption accelerated during the height of the COVID-19 pandemic. As such, financial firms had to take on an “adapt or die” mentality by embracing fintech, and given its still-nascent status, fintech is continuously evolving and adopting trends that could further propel the space in the future. “In 2023, there are 10 fintech trends that are particularly noteworthy, including the rise of decentralized finance, the adoption of artificial intelligence in financial services, […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
