These four categories of fintechs as outlined by McKinsey are:
SINGAPORE (Dec 18): With financial technology (fintech) evolving considerably over the last few years, fintech investors will have to be increasingly selective in deploying their capital as some sectors and companies approach a “possible endgame”, suggests a new report by McKinsey & Company.
In its paper, Synergy and disruption: Ten trends shaping fintech, McKinsey postulates that various categories of fintechs will eventually either join forces or end up competing directly with each other as they mature.
