Advisers, follow the fintech money


Global fintech investment was essentially cut in half in 2016. With this stark shift, it might seem that fintech is taking a turn for the worse. But the reality is very different. In some markets, too much cash was chasing too few quality opportunities, driving valuations too high, and sending investors to the sidelines. But as the air is slowly released from this bubble, markets will correct, leading to lower valuations, driving more consolidations and acquisitions, and making room for more assets to move back in.