?? THE FINTECH CLEAN-UP - ISSUE #434
SEPTEMBER 21ST, 2023
According to KPMG, fintech deals dropped from over $63 billion in the second half of 2022 to around $52 billion in the first half of 2023.
This doesn’t necessarily have to be negative. Taking cues from Sangu Delle and The Godfather, as highlighted in our top story, some deals must die to get rid of the bad blood.
Perhaps not all deals that were shut down were 'bad blood', but those that remain have for sure a positive impact on businesses and the economy in general.
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