Digital Horizon VC’s Post

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The golden era of payments as the dominant revenue source for fintechs is over ‼️ ☝️Payments revenue for fintechs differs across Europe, the US, and Asia - In Europe, PSD2 and strong digital banks competition drive payments margins down dramatically. It differs a bit country to country , but overall it’s the same trend. - The US has a fragmented payments landscape, challenging smaller fintechs to capture significant revenue. Giants like Stripe and Square have already disrupted traditional payment systems with their digital wallet while forming alliances with banks and e-commerce platforms. - Asian fintech giants like Alipay, WeChat Pay, and Paytm dominate the payments space, leading fintechs to diversify into lending, wealth management, and insurance. So where is the opprtunity ❓❓❓ - Cross-border payments still present opportunity for fintechs, with companies like Wise, Ripple, and Payoneer leveraging technology to streamline and enhance efficiency. - Looking ahead, Web 3 payments, powered by blockchain and decentralized finance (DeFi), represent the future direction for fintechs, offering secure, transparent, and borderless transaction capabilities. ☝️ To sustain growth there is no silver bullet. Fintechs have to explore subscription loyalty models, value added services ( tax,admin,etc), cross border , compliance paradigm, lending and other products to sustain growth and positive economics. https://lnkd.in/ePiv4_zH #Fintech #Payments #CrossBorder #Innovation #Web3 #blockchain