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Brandon Arvanaghi signals urgency as banks chase fintech edge

Brandon Arvanaghi signals urgency as banks chase fintech edge
@brandon: Banks chase fintech edge

Brandon Arvanaghi highlights the latest trend within the banking industry as the Brex deal triggers a rush for fintech strategies. He notes that as one traditional bank moves to acquire, it sets off a ripple effect, prompting others to scramble in an effort to not be left behind.

This pattern, according to Arvanaghi, reflects the tendency of traditional banks to act in unison, with most opting for acquisitions as their primary strategy to serve the next-generation businesses. He also observes that while most banks will opt to acquire fintech companies, a few might venture into alternative strategies.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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