A new era for fintech

The fintech industry is undergoing a sea of change. In their hypergrowth stage, fintechs had access to capital that allowed them to be bold in their business strategies. But in 2022, the time between funding rounds for fintechs increased by more than five months from the first to the fourth quarter, and the average value of funding rounds decreased by 50 percent over the same period. How can fintechs get on a path of sustainable, profitable growth? “Approaches will vary, depending on each fintech’s maturity level and its vertical and geographic focus,” write McKinsey’s Alexis Krivkovich, Marie-Claude Nadeau, Tunde Olanrewaju, Max Flötotto, and Fernando Figueiredo. On day 3 of CES 2024, check out these insights to understand how fintechs can win in disruptive times, generative AI’s impact on the banking industry, and more. And bookmark this page for daily insights on some of the topics that will headline #CES2024, including the climate tech, autonomous mobility, and more.

Fintechs: A new paradigm of growth

Capturing the full value of generative AI in banking

Fintech in Africa: The end of the beginning

Fintech in MENAP: A solid foundation for growth

Consumer digital payments: Already mainstream, increasingly embedded, still evolving

Travel Disruptors: Bringing fintech to travel booking