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The Rise of FinTech (and the Challenges Ahead)

Late last year, we released our inaugural World FinTech Report with LinkedIn in collaboration with Efma.

It is clear that FinTech is gaining traction, with over 50% of customers across the globe already using at least one FinTech provider, with that number reaching almost 85% in China.

Another key insight from the report was how traditional incumbents see FinTechs as more of an opportunity to partner and collaborate than a threat.

Yet, firms are still struggling to deliver results from applying Innovation and working with FinTechs despite high levels of activity.

Incumbents, as well as FinTechs, face a number of challenges with implementing innovative and FinTech capabilities.