The FinTech sector has been on fire over the course of recent months and it looks like that trend will continue for quite some time. Part of that success can be attributed to the interest of banks in FinTech solutions, as the financial sector is prone to disruption. More investment funds are expected to flow in over the next few month, most of which will be coming from Chinese firms.
Over the past six years, Bitcoin has seen its fair share of success, although some people might argue how important digital currency has become as of late. The main question companies and service providers should ask themselves is whether or not these disruptive solutions actively address and fix financial services in existence today. In some cases, the answer might be “not yet”.
In the FinTech sector, there is no clear industry leader just yet, as the playing field is wide open for participants from all over the world. Certain areas are destined to do better than others, such as London, Silicon Valley, and the entire country of India. One city most people tend to overlook is Dublin, Ireland, where the FinTech sector is booming despite its challenges.