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For fintech, it is the best of times – and the worst of times
- Wednesday | 28th July, 2021
If you are in fintech, you will be experiencing the roller coaster ride of your life. In the second quarter of this year, one in every five dollars of investment went into fintech, and the creation of Unicorns was up 500%. Payment scams hit three-quarters of fintech companies, and ransomware attacks are rampant. It is also not just about the actual attacks on fintech companies. We have to hope that this, on balance, is the best of times for fintech, yet the ingredients are crunching into place to give rise to the very real thought that it could be about to become the worst of times.
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