Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.
At times it feels like we’re in the midst of war. Scanning the news each day for the latest effects the coronavirus has had on the world has become routine for most people. FinTechs are struggling and as this is an unprecedented event, it is hard to see when the end will be and how badly they will be hit.
UK consumers are placing strong technology as their biggest priority for banking, but digital banks need to be clear with their value offering to capitalise on this, according to Vilve Vene, CEO and co-founder of core banking platform Modularbank.