CB Insights recorded a whooping $8 billion in U.S. investment into the fintech sector in the last six months alone. The conversation around fintech is only getting louder as investments grow and new companies emerge on a daily basis. Amidst the hype of the fintech debate many misconceptions have appeared, here are the top five.
1. Stuck in a bubble
While the fintech rise is often compared to the dot-com bubble, this couldn’t be further from the truth.