My top picks from BCG & QED's Global Fintech 2023 Reimagining the Future of Finance Report. Annual fintech revenues are expected to reach $1.5 trillion by 2030—a sixfold growth—with banking-related fintechs representing a quarter of all banking valuations While the last era of fintech growth was led by payments, B2b and B2B2X will lead the next. B2b, or the segment of fintechs that caters to SMEs, represents an enormous space for growth, as SMEs are an underserved segment that accounts for close to 70% of jobs and GDP globally Spread businesses such as neobanks and lending platforms will face challenges in the developed world while playing a critical role in emerging markets. The time for stakeholders to act is now: Fintechs must play offense, incumbents need to accelerate their own digital journeys, and regulators must remain proactive in maintaining a level playing field. Fintechs are employing different playbooks to survive the funding winter, with many focusing on unit economics as opposed to unbridled revenue growth at any cost.