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Fintechs have been the talk of the town for the past five years due to their innovative use of technology and user-friendly interfaces. However, Moody’s has reported a decline in venture capital funding for fintechs. Despite this, fintech companies are continuing to embrace new trends, innovate, and develop solutions to solve emerging needs. The payments and business banking industry have undergone a massive transformation due to changes in consumer behaviour and the proliferation of fintech innovation.
