FinTech is rapidly evolving, with startups offering new payment solutions and banks adopting fintech strategies. Key challenges include security, compliance, and scalability. Pavel Kaminsky advises fintech founders in Central and Eastern Europe (CEE) to simplify regulations, enhance security, and seek funding and mentorship for growth. CEE is a promising innovation hub due to resourcefulness and creativity. Future trends include embedded finance and effortless payment experiences, although biometric payment methods face skepticism due to privacy concerns.
https://therecursive.com/the-future-of-fintech-and-what-cee-founders-need-to-succeed/