European buyout and growth investor Finch Capital has published its inaugural State of AI in Financial Tech report, arguing that financial technology is emerging as a net beneficiary of the AI wave that sent the wider software industry into turmoil since the beginning of the year.
The report draws on public market data, the Anthropic Economic Index, and disclosures from leading FinTechs including Klarna, Adyen and PayPal. [Read more…] about ‘AI put the brake on SaaS, while it made financial technology more valuable’, says report
