Once it was believed that fintech would replace banks, but today the sector tells us a different story: instead of competing, they are collaborating to offer better and more innovative services.

The importance of integration

Traditional banks have solid infrastructures and years of experience in financial management, but they are often slow to innovate. Fintech companies, on the other hand, are agile and technologically advanced but may struggle to gain customer trust. Collaboration between these two worlds offers the best of both.

Concrete examples of successful partnerships

1️⃣ Satispay and the banking system – Satispay has revolutionized digital payments through partnerships with financial institutions that have facilitated the adoption of the system.

2️⃣ Fabrick and banking APIs – Fabrick has created an open banking infrastructure that allows banks to integrate new fintech solutions without building everything from scratch.

3️⃣ Credimi and SME lending – Banks collaborate with Credimi to offer more flexible and digitalized loan solutions, adapting the traditional model to current needs.

A future of synergies

Looking ahead, the success of fintech does not depend on replacing the traditional financial system but on its evolution. The best innovations arise when technology and institutions come together to create shared value.

WA