In Q4 of 2021, FinTech Connect surveyed 100+ FinTech Leads from across the entire FinTech ecosystem to find out more about what are the challenges and opportunities currently presented within the financial technology ecosystem.

It is clear that 2021 has provided an unexpected crossroads. Incumbent financial institutions have had to put their digital transformations in warp drive. New technologies that were previously only being looked at, are now in the process of being adopted and rapidly deployed.

The survey was compiled and anonymized by FinTech Connect and analysed along with commentary from members of the FinTech Connect Advisory Board.

Some of our key findings from the survey are:

1. Budget no longer a digital blocker
2. Adaptation tops the agenda for the coming year
3. Challengers to be abandoned by consumers