1、 Prudence,Profits,and GrowthJune 2024 FINANCIAL INSTITUTIONS GLOBAL FINTECH 2024 2ND EDITION,COAUTHORED BY BCG AND QED INVESTORSBOSTON CONSULTING GROUP +QED INVESTORS PRUDENCE,PROFITS,AND GROWTH 203 Introduction05 The Funding Winter Continues,but So Does Growth12 Todays Fintech Landscape19 Where We

2、Go from Here:Five Calls to Action24 Conclusion25 About the AuthorsContentsBOSTON CONSULTING GROUP +QED INVESTORS PRUDENCE,PROFITS,AND GROWTH 3It can be easy to forget what the financial services landscape looked like two decades ago,before fintechs emerged to dramatically reconfigure banking and tra

3、nsacting.In the ensuing 20 years,many individual fintechs have come and gone.Others have become integral components of financial services,but the true lasting legacy of fintech is the staggering impact on our day-to-day lives and our financial systems.And there is so much more room for growth.With t

4、he advent of game-changing technologies such as GenAI and with still billions of unbanked and underbanked individuals worldwide,we reaffirm our forecast from last years report:we are still only in the second chapter of a longer story and fintech has vast untapped potential.But the rules of the game

5、are changing.The current fund-ing chill,once passed,will leave in its wake an environment in which fintechs must invoke a different set of capabilities to succeed and thrive.Prudencethe ability to avoid add-ing risk to the financial systemwill be as important as the ability to generate profitable gr

6、owth.The prize,and the rewards for customers,will be as significant as ever,but the path to success will be markedly more difficult.We spoke to more than 60 global fintech CEOs and inves-tors to understand their views on the future of the sector.Combined with our own experience in the industry,these