How has growth created risks for fintechs in 2022?
2021 was a transformative year for fintech. What felt like a corner of the technology industry a decade ago is now the largest funded category globally. The fintech industry received over $130b in capital representing 20% of all capital invested in 2021. And exits too were on the rise with a 3x increase in the number of companies going public vs 2020.
But with great growth comes greater risk, and some fintech companies have begun to feel vulnerable to its effects. But how exactly has this boom impacted these businesses? And what can be done about it?