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As fintech companies mature, many no longer aspire to be the best at one thing. That could mean not only new revenue sources for fintech companies, but also additional venture capital to startups and even a surge in M&A activity.
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“Banks are moving to be more like fintechs, and as fintechs rebundle services, we will see banks doing their own unbundling and re-bundling,” Pitts said. “The questions will be who is the best at meeting consumer demand, and what those bundles will look like?”
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