FinTech Magazine - December 2022 | Page 89

TECHNOLOGY

“ THERE IS STILL QUITE A BIT OF INVESTMENT MONEY AVAILABLE AND OPPORTUNITY FOR GROWTH , BUT THE REALITY IS THAT , DURING A RECESSION , INVESTORS TAKE FEWER RISKS AND TAKE LONGER TO MAKE INVESTMENT DECISIONS ”

DIMA KATS CEO , CLEAR JUNCTION
InsurTech ( risen two-fold ), WealthTech ( three-fold ) and Capital Markets ( three-fold ).”
Striking a balance in unstable times It ’ s a fine line to walk in terms of leadership , strategy and purpose . But it ’ s one that is creating much more resiliency – and the market will be stronger for it – once we emerge on the other side , says Dima Kats , CEO of Clear Junction . “ Across all markets , the threat of recession is forcing many business leaders to become more efficient regarding their spending and budgets – with the view that adopting a ‘ leaner ’ operation during these tough times will lead to a more resilient organisation .”
Kats points out that , much like other industries , the recession is a challenge for players in the payments ’ landscape . This is because , at its core , a recession impacts real consumption , which is the base layer of payments industry growth .
However , he says : “ There is still quite a bit of investment money available and opportunity for growth , but the reality is that , during a recession , investors take fewer risks and take longer to make investment decisions .”
He concludes : “ I believe the payments ’ industry has a more nuanced outlook than current valuations imply . In my view , there are many aspects of payments that may be more resilient in a recession than many investors expect , creating the potential for enormous investment opportunities .”
fintechmagazine . com 89