US Insights: Pulse of Fintech H2 2024

While transaction volume remains muted compared to pre-2021 levels, there is modest optimism for a recovery in VC activity, driven by positive economic growth, decreasing capital costs, and reduced geopolitical volatility.

Key developments to watch in the US fintech sector include competition for retail investor dollars by asset managers and advisory firms, leveraging open banking innovations and AI deployment to attract customers. This increased competition is likely to drive innovation and customer-centric solutions in the fintech space. For more insights on the state of fintech investment in the US, download our summary.