Question

What do the historical M&A data tell us about the fintech landscape? Which other alternatives could this bank focus on to create value in the fintech space?

Answer 1

Fintech landscape by using computer programs and other technology to support or enable banking and financial services. In last couple of years, we have seen many acquisitions happening where large banks taking over tech startups. It is become a need to provide the most advance technology to a customer which keeping is easy to use and secure. Billions of dollars have been invested in many companies as the innovators redefine the way in which we save, borrow, invest, transact, spend money. We are living in a smartphone carrying generation where banks have started leveraging by using technology/innovation to capture market share from the competitors in many areas of financial services. Specially the retails customers have been loving the mobile app based experience for all their banking tasks. Organizations are exploring to how capital markets firms can collaborate with FinTech organizations to drive their own evolution in future and to make their future role and position in the fast-evolving financial services ecosystem.