Tagged: mckinsey & company

US Insurtech Market Faces Sharp Decline in Valuations: Report

After years of growth, the US Insurtech market faces “a sharp decline in valuations,” according to an update from McKinsey & Company. McKinsey & Company notes that for nearly a decade, Insurtechs have “experienced rapid growth and skyrocketing valuations.” But in 2022, investors’ optimism has… Read More

Fintech Firms in India are Expecting to Make a Recovery from COVID within 6 Months: Report

Fintech companies in India are now expecting to make a recovery within the next six months, after being hit hard by the COVID-19 pandemic, which has led to many people losing their jobs and businesses shutting down. Indian Fintech firms including payments, lending and neobanking… Read More

McKinsey Global Banking Review: Most Banks Have Not Made the Material Improvements in Productivity Needed to Compete Effectively with Fintechs

Mr. Potter Banker Banking (1)

McKinsey & Company has published its Global Banking Annual Review entitled “The Last Pit Stop? Time for Bold Late Cycle Moves.” The document is a probing examination of the global banking industry, based on a survey of over 1000 banks globally, highlighting both successful segments… Read More

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