The FIN Spin on 2022
Plus, the largest fintech investment of 2021.
Number of the Week: $2 billion (explanation below)
The FIN Spin on 2022
Fintech will have a tough time topping 2021 (which might be a good thing—the world doesn’t need a repeat of the Robinhood-enabled Gamestop Götterdämerung, or Better.com’s CEO accusing hundreds of employees he Zoom-fired of “stealing” from the company). Private investment in fintech is likely to retreat slightly, at least in the US and China, although investment in crypto-related startups will almost certainly increase. The bloom is off the SPAC rose a little, meaning some large fintech companies will stay away from the public markets in 2022.
On a more detailed level, here are some fintech predictions for 2022, along with 6 crypto-specific predictions: