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There’s a new year ahead of us, and an energized base of companies and fintech firms looking to improve the way they do business. Qolo continues its acceleration. Stick with us, we’re just getting started.

The past decade has seen a sweeping transformation of consumer behaviors, yet major payments providers have not proportionately reflected this shift. Not until a global pandemic hit did we see a concerted effort by the financial sector to elevate products and services. This era of change has contributed to the rise of fintechs, which now account for 7.1% of all startups globally. We’ve even seen growing investor interest in the fintech space, with the likes of Marqeta estimated to be valued at $4.3 billion after filing its IPO. However, with this rapid transformation arose an entirely new and dangerous risk: tunnel vision.