The Fintech overhype cyclical has gone into overdrive

We went to a Fintech meet up last night and came away with one outstanding conclusion: the hype cycle in the startup financial technology market is beyond anything we consider reasonable. While the companies doing demos were well-meaning, the lack of understanding about financial services was profound (not to mention the excitement of potential VC investors). The recent Bank for International Settlements consultation on Fintech impacts for banks supports our conclusion: it’s time to settle down.
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