Here are the 5 biggest fintech private funding rounds in Q2 2020 - Business Insider

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Mature fintechs are drawing investors away from smaller fintechs, which will drive consolidation in H2 2020

. In the UK alone, more than of fintechs with under 25 employees said in June that they had six months or less of cash runway. Shunned by investors for their larger counterparts, we think some will fold or look for a buyer to remain operational.

Meanwhile, established fintechs with replenished coffers can purchase these smaller players or even incumbents to further secure and grow their market share: Trading platform eToro

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