US Regulatory Environment Hinders FinTech Growth
U.S. FinTech investments in 2016 reached $4.27 billion illustrating that the financial technology sector in the country is continuing to grow at a significant pace. However, with this amount of FinTech investment you would naturally assume that the U.S. is one country where the topic of regulation is not an issue, reports Tech Crunch. And yet, that’s not the case. According to a report from Reuters in 2016, investments declined by around 30 percent in the U.S. even if the nation did still manage to bring in over $4 billion. However, while the U.S. is producing FinTech companies that are....
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