🌟 At yesterday's Handelsblatt Bankengipfel, I discussed why NOW is the perfect time for strategic acquisitions in the Fintech space. 🌟 🔍 Key takeaways: 1. Consolidation Creates Opportunities: With M&A activity in Europe up 25% this year, there’s a unique chance to acquire innovative tech while reducing competition. 2. Technology & Talent as Game Changers: Early-stage fintechs bring not just new technology but also agile, skilled teams— 65% of banks reported a significant innovation boost within the first year of the acquisition. 3. Accelerated Market Entry: Strategic fintech acquisitions can reduce market entry times by up to 40%, allowing traditional players to capture new markets faster. 💡 It’s time to rethink innovation. Acquiring Fintechs isn’t just about tech—it’s about injecting new energy and speed into your organization. 🚀 #HandelsblattBankengipfel #Fintech #Innovation #MergersAndAcquisitions
Absolutely agree! The emphasis on talent during acquisitions is often overlooked, but it's a game changer. By integrating the skilled teams from early-stage fintechs, traditional banks can not only enhance their technological capabilities but also infuse a fresh, innovative mindset into their culture. This blend of talent and technology can drive sustained growth and transformation in the sector.
Thanks for sharing your experience and your insights 🚀
Jessica Holzbach I couldn`t agree more, instead of competition traditional banks could execute buy&build strategy which would help them to provide seamless experience for clients and boost retention and also reduce at least some of the costs
You go Jessica Holzbach 🚀🚀🚀
Insightful thought process
I like the way you framed this.
Gute Punkte, auch über Fintech hinaus
Fintech I PR I See you @ FIBE Berlin
2moFantastic talk, Jessica! Thank you for sharing your optimism and valuable experience. I’m sure many founders can learn a lot from it.