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EP09 The Future of Banking and Financial Services | with Philippe De Backer, Arthur D. Little

Couchonomics with Arjun

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Is It Going to Be a One Way Street?

A lot of these dilital banks, or finteck banks, or whatever you want to call them, actually had igh valuation. We're seeing a period of massive correction in terms of that valuation, right? Both in the public markets, where a number of these banks are a suffering quite miserably on their stock prices and it's becoming incredibly harder for them to continue raising money at expedentially higher valuations. Do you think that that trend of vintex acquiring banks is got any future? Or is it going to be a one way street, which is banks will by the vintex, including some of the digital banks,. those who have realized that they don't

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