Over two thirds of fintechs plan to expand internationally in next 18 months according to a survey of fintech executives by Newfound.
However, global expansion specialists Newfound, has revealed that the economic fallout from Brexit and the Covid-19 pandemic is making fintechs more cautious about international expansion, according to a survey of 50 fintech executives. Despite these fears, the majority of fintechs plan to expand internationally in the next 18 months citing diversifying revenue streams, access to talent, and ‘winning’ strategic hubs as key drivers.
Key study findings include:
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