The Key Trends of Fintech
By: Ke Tang The discussion of how technology can revolutionize the financial system is a heated topic. There is an increasing number of financial institutions starting to integrate their offerings and services with technology such as blockchain. As fintech (financial technology) and digitalization of the financial services industry are developing, fintech startups are facing more capital financing demand. SPACs provide a viable way for fintech startups to go public and acquire the funds necessary for expansion. The relatively easier operation and shorter timeline make fintech SPACs heated in 2021. Two key trends of fintech are consolidation and digitalization, which is…