Further European fintech success is impossible without a level playing field

▤ Summary

Although the European Union is a single market financially speaking, there are still many differences on the national level when it comes to regulations for banks and fintech companies. As a result, Europe still has a long way to go before it can expect further fintech success. Joost Walgemoed, CEO of Blanco, is calling for change. If fintech companies and banks make their voices heard and work more together, and if the EU starts living up to its responsibilities, then Europe could become much more competitive in the field of fintech. Yet on the member-state level, there are still many differences in the way banks and fintech companies are regulated.

▦ Linked Companies