Reported 4 months ago
Europe's fintech industry is experiencing a funding slowdown, impacting the mood at a recent Amsterdam event. The uncertain future of fintech in Europe is attributed to challenges in fundraising compared to the U.S. and Asia, with concerns about company valuations, economy lag, and regulatory scrutiny. Despite the challenges, delegates remain optimistic about the potential of artificial intelligence and note that profitable fintech companies are better positioned for success as interest rates decrease.
Source: YAHOO