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Executive Summary:

2023 through all its ups and downs – from bank crashes to an S&P 500 record high – was a year of re-balancing for the FinTech sector. Lofty valuations were re-thought and "mega" deals were intermittent as founders and investors worked off the excesses of recent years and re-evaluated business models and goals. Still, with a strong flow of early-stage funding activity, alongside continued successes from established players, the FinTech sector's journey continues as companies reimagine and reinvent financial services. Despite the challenges in the overall market, numerous FinTech innovations are thriving across various market segments and regions around the world. In this report, we discuss several key themes we expect to impact the FinTech ecosystem in 2024, from generative AI to real-time payments, to the rapid acceleration of FinTech across emerging markets.

Key discussion topics of the report include:

• A look back at FinTech M&A, financing, and IPO activity in 2023
• A discussion of key FinTech trends to watch in 2024, and selected companies helping to drive those trends
• An exclusive interview with Jon Lear, President and Co-founder of Fintech Meetup, discussing his views on the state of the FinTech market, and what he's excited about in 2024