TLDR: The Cambridge Centre for Alternative Finance (CCAF) presented its report on the future of global fintech at the World Economic Forum in Davos. The report highlights the strength and resilience of the fintech industry while also acknowledging its challenges. It emphasizes the importance of having a regulatory environment that supports the development of fintech and the potential of digital financial services to provide greater access to finance for consumers and SMEs. The study surveyed 227 fintech companies from around the world and found that growth is strong, driven by consumer demand. The report also identifies AI as the most relevant topic for fintech in the next five years. It notes that innovation in financial services should be supported, rather than hindered, by policymakers and regulators. The report is a valuable resource for policymakers and industry insiders interested in global fintech trends.
CCAF unveils game-changing fintech trends at Davos 2021 event.
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