
June 17, 2021
Consolidation is Coming: How to Play Fintech’s Next Phase
Fintech as a sector began to take shape as technology was adapted to improve the speed, accuracy, efficiency, and cost of back-office processing. This movement focused initially on banks, which owned much of the process and, having fallen far behind in terms of technical innovation, were ripe for disintermediation by tech-savvy startups hungry to peel off this or that specific process and modernize it, attracting legions of users along the way.