TechCrunch asked 12 leading FinTech VCs about their perspective on growth and opportunities
- In 2018, FinTech companies were the source of close to 1,300 venture deals worth over $15 billion in North America and Europe alone.
- KPMG estimates that over $52 billion in investment pour into FinTech initiatives globally.
- VCs are focusing on rapid innovation in infrastructure, rebundling and unbundling of financial services offerings and the rise of challenger banks
What this means
Whether it be one-stop shops for all financial services, partnerships with incumbents or challenger banks going it alone, it's clear that FinTech is growing up fast and entering the mainstream of the financial sector.