How FinTech Became an International Unifying Phenomenon

Customer-centricity, simplicity and scalability, cost efficiency, the absence of the need to protect existing business, and lack of regulatory burden along with legacy IT systems/branch networks – these are just some of the reasons FinTech is not a niche anymore, but a powerful force in transforming the financial services industry. Combining venture and M&A investment, FinTech deal value in Q1 2017 hit $3.2 billion, not a steep drop from the $4.15 billion registered in Q4 2016.

The potential of this industry, however, cannot be fully understood and leveraged while contained in national borders. In 2017, FinTech became impactful enough to turn heads am ...

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