Finance & economics | The devil to pay

After a golden decade, fintech faces its first true test

Rising interest rates and a slowing economy will shock the business model

Close-up shot of a female hand using her smart phone to scan and pay for a bill at the restaurant during the day. Contactless payment, Technology Concept.
|AMSTERDAM

Europe’s annual Money 20/20 conference is where the rock stars of fintech come to cut deals and court investors. The shindig this month, the first proper extravaganza since 2020, had the added buzz of a long-awaited reunion, enhanced by djs and brass bands. “Money 20/20 is back in full technicolour,” trumpeted Tracey Davies, the master of ceremonies.

This article appeared in the Finance & economics section of the print edition under the headline “The devil to pay”

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