Fintechs are facing an 'existential crisis'

On the 09.18.20 at 7:49AM


Pauline Armandet

According to McKinsey, as much as €5.7bn will be needed to support the European fintech sector until the second half of 2021.

The fintech sector faces an “existential crisis” in financing, McKinsey, a consultancy firm, said in a recently released study.

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