Has anyone noticed a decrease in FinTech startups since the rise of AI?
Jay K
7 replies
It seems like there has been a shift in focus toward AI, and I’m wondering if others have noticed a decline in the number of new fintech startups as a result.
Has the AI hype overshadowed fintech innovation?
Replies
Keyana Sapp@keyanasapp
Indigo
It seems less like a decline and more like a shift—FinTech startups are increasingly integrating AI into their offerings. So, instead of fewer FinTech startups, we’re seeing more FinTech + AI hybrid innovations. AI isn’t overshadowing FinTech; it’s enhancing it.
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I’ve noticed that the rise of AI seems to have shifted focus from FinTech startups to AI-driven innovations. I'm actively exploring this trend and its impact on the FinTech landscape.
It's true that the rise of AI may have shifted focus, but FinTech startups remain vital. For those looking to develop a fintech platform, consider fintech development services like KindGeek https://kindgeek.com/. They offer end-to-end fintech software development, covering everything from digital wallets to regulatory compliance, enabling businesses to launch with confidence.
AI is definitely impacting fintech, but I think it's more of an enabler than a competitor. Many fintech startups are leveraging AI/ML to offer innovative products and services. Though the fintech startup scene may have cooled some with the macro environment, I still see a lot of interesting companies emerging at the intersection of AI and fintech. Curious what specific impacts others have noticed though!
The relationship between fintech and AI is complex, I think AI is seen as a catalyst rather than a competition.