
The fintech industry has assumed great significance as the world evolves and navigates these turbulent times. Large sections of the global population are working remotely and have been pushed online – a pattern likely to last a while. Footfall in brick-and-mortar stores has shifted to online traffic; consequently, fintechs powering digital commerce have seen and will likely continue to see a significant spike in payment volumes in certain categories (e.g., online groceries, e-commerce and bill payments). The trend should spread to other areas as economies open up. On the offerings front, many fintech firms are providing innovative solutions to face the evolving environment. This would require consultants to assess the present, foresee the future and advise fintech firms on solutions for the times ahead.
Acuity Knowledge Partners has supported strategy think tanks serving the diverse stakeholders of the fintech industry, including fintech firms, strategy consultants and financial sponsors with a fintech focus. With a 360o view, we are perfectly positioned to help consultants support their fintech clients in navigating the market turbulence and emerging stronger. We work with strategy consultants of different sizes and in different geographies specialising in strategy, operational improvement, performance enhancement and various other functions looking to advise their partners on, for example, market consolidation, expansion, staving off competition and top-line and bottom-line expansion.