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The Vibrant Growth of Fintech in Spain

Fintech Review

Many Spanish banks were severely impacted during the 2008 financial crisis. Their ability to leverage cutting-edge technology to provide user-friendly and accessible financial services has not only filled the void left by traditional banks but also set new standards for the industry. It led to significant consolidation in the sector.

FinTech 111
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Retail’s Small Business Crisis

PYMNTS

Things went off the rails, not surprisingly, in 2008 — courtesy of the financial crisis. And they fear that the impact on the vitality of the local economies that this void has created won’t be fully felt for a decade or more. More businesses opened than closed — until 2008. The mix of these businesses is also very different.