8 Fintech Trends to Look Out for in 2023
2022 was a rollercoaster for the fintech industry. Macroeconomic upheavals, intensifying competition, and regulatory headwinds contributed to the great fintech reset. However, with advances in technology innovation, increasing digital adoption, and improving public infrastructure, the industry overcame hurdles and emerged stronger.
Now, the future of fintech is bright. Blurring boundaries and transforming the way people transact, fintech has been a beacon of hope to many. Fintech companies have played a phenomenal role in facilitating financial inclusion without greater emphasis on security, speed, or convenience.
Trends we can expect in 2023
Consistent customer-centric innovations, partnerships between banks and fintechs, regulatory interventions, and better accessibility — all point towards a promising future for fintech.
Here are a few trends we can expect to see in 2023.
- Embedded Finance
- Sustainable Fintech
- Alternative Financing
- Super Apps
- Artificial Intelligence
- Contactless Payments
- Blockchain
- Metaverse
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What do you think of these trends? Let us know in the comments!
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