A Big challenge for many start-ups that come out of the tech scene disrupting Financial Services
Taylor Wessing lawyer Jonathan Rogers gives fintech startups some advice on what boxes they need to tick to ensure growth and success in the market. These are exciting times for financial technology (fintech). As ComputerworldUK recently reported, there are currently more than 3,000 fintech start-ups, commanding $3 billion worth of investment. These new firms naturally present new challenges to long-established financial services providers but it also provides new opportunities. First, these startups will force traditional financial companies to up their game and quicken the pace of their own digital transformations; secondly, they provide tempting targets for mergers and acquisition (M&A).