Financial institutions partnering with fintechs
Change is coming to the fintech world. A recent Deloitte report found a slowdown in the pace of new start-up launches; from almost 720 new company formations in 2016 to just over 90 last year. But investor interest is not in decline. In fact, our report notes that private equity firms and others joined venture capital investors to drive total global investment in fintechs to an all-time high of $33 billion in 2017. We found similar evidence in the recent growth in the number of fintech acquisiti
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