Innovation. Disruption. Choice.
These are 3 things startups (on the whole) and Fintechs bring to our daily lives. New products, new ways to interact across different mediums and greater choice, creating competitive tension and theoretically greater value for consumers.
So what happens if and/or when an economic crisis or a talent shortage impacts the Fintech industry?
Well, frankly, some of these products may no longer be in market, snapped up by an incumbent or at a minimum progress slowed.
Will your daily life get easier or harder?
Will your access to innovative products be lessened?
Only time will tell.