This week the World Economic Forum gathered in Davos the earth’s elite to discuss global challenges. The conference is dominated by the fear of a recession, sparked by disruptions by Covid, post-covid shocks and the war in Ukraine. Focus has shifted somewhat from climate change to food supply chains, inflation and interest rates. Especially the latter is causing large lay-offs in the tech industry, this week, as capital comes less cheap than before, and companies get pushed towards profitability sooner.
In Fintech this week we see some of these layoffs hitting the industry, as well as several new partnerships and large funding rounds. You can find information about upcoming events, new investments, research and breakthroughs within the industry. In addition, find more ways to support Ukraine here
. Happy reading!
From the Holland FinTech team, we wish you a great weekend.