Europe's fintech industry is grappling with a funding slowdown after the pandemic-era boom, dampening ambitions and valuations. At an Amsterdam fintech conference, the mood was mixed amid optimism around AI's potential. While some startups struggle to raise funds compared to the U.S. and Asia, profitable fintechs with proven unit economics are faring better. Experts predict fundraising could rebound as interest rates decline, but expectations of fintechs disrupting major institutions have proven overstated. Overall, the sector faces an uncertain future as it navigates tighter capital markets and economic headwinds.