Here's what's hot — and what's not — in fintech right now

CNBC Finance LogoCNBC Finance1 mo ago

Here's what's hot — and what's not — in fintech right now

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With a recession possibly on the horizon, investors are writing fewer — and smaller — checks for fintech companies.

And they're getting much more selective.

Niche industry buzzwords like "open banking," "banking-as-a-service" and "embedded finance" are now in vogue, with a slew of new fintech firms hoping to eat away at the volumes of incumbent players.

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Author / Journalist:

Category: MarketsFinanceInvesting

Topics: Finance Sweden Cnbc Technology Venture capital Internet Apple Inc Banks Source:tagname:CNBC Europe Source Venture Capital Markets Mastercard Inc Walt Disney Co FinTech Europe News Affirm Holdings Inc Articles Visa Inc

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-30, 05:11:49

News Timezone: GMT -5:00

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Language: English

Reading Time: 6 minutes read

Article Length: 990 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 21927

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