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RAPPORT

The Rise of Fintech And the frontier of finance

Report by Wells Fargo

Using investment statistics to validate market movement, insurtech is highlighted as growing rapidly as fintech carriers are gaining the ability to become full-stack insurance providers.

While many fintechs are lauded as promising, their exit strategies are questioned, as the report notes most will become M&A targets rather than going public. It also highlights that banks’ penchant for developing technologies in-house is slowly changing.

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