The SVB Collapse Caused Major Turbulence In Traditional Banking – Is FinTech Here to the Rescue?
The recent collapse of the Silicon Valley Bank has unraveled endless horror stories for the financial industry. The traditional banking sector felt the hardest impact of the crash, causing rousing questions about their stability and fund safety. As customers become more vigilant, the interest in alternative banking begins to spike, including fintech solutions, which offer more secure and innovative options for money management. Turbulence In Traditional BankingQ4 2022 hedge fund letters, conferences and more On a larger scale, several venture capital funds have advised their portfolio companie...