THE FINTECH INTERVIEW
What elements make up the future of fintech? When it was established in 2014, the FINTECH Circle predicted that innovation in the fintech space would position it as the“ future of finance”, says Susanne, adding that“ the fintech sector has grown up with more than 30 fintech unicorns with a combined valuation of more than £ 160bn( US $ 212bn), this includes Revolut with a valuation of £ 75bn( US $ 99.9bn) and represents real firepower and the fastest growing companies in the UK.”
She says that financial institutions play a key role in driving the transition to a more sustainable economy, with green finance initiatives requiring a similar focus on community and collective effort.
Sustainable finance has been met with backlash including political opposition in the US, greenwashing concerns in Europe and several banks pulling out of net zero commitments in the last 18 months, leading to the collapse of the Net Zero Banking Alliance.
Susanne explains that integrating“ climate risk into decision-making, developing sustainable financial products, and increasing transparency
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