Lenders to start acquiring fintechs to form ‘super apps’

https://bankautomationnews.com/allposts/retail/lenders-to-start-acquiring-fintechs-to-form-super-apps/
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Lenders may soon have the opportunity to acquire fintechs at depressed valuations as economic conditions decline and fintech operational costs soar. “It is a hard life to be a single-product company,” Christina Melas-Kyriazi, partner at venture capital firm Bain Capital, said at the recent FinovateSpring 2022 conference, noting that fintechs need support from investors to […]

https://bankautomationnews.com/allposts/retail/lenders-to-start-acquiring-fintechs-to-form-super-apps/