The GP.Bullhound Q2 2022 Fintech sector update highlights the growth of BNPL (Buy Now, Pay Later) businesses, driven by the rise of digitalization due to the COVID-19 pandemic. However, the sector is facing regulatory and investor pressure over concerns about underwriting processes and user understanding of debt. Despite the challenges, B2B startups are using the crypto market as an opportunity to seek out acquisition targets. The report also notes the importance of advanced authentication and security tools, particularly in light of the rise of digital identity and digital signatures. The report concludes by highlighting recent fintech activity, including the acquisition of Ratepay by Klarna and the acquisition of ISLX by R AETTADSYAC.
