Euromoney sits down with a private equity fund manager, a veteran of the investment banking industry, who has concentrated the firepower of the hundreds of millions of dollars former contacts have entrusted to him through their family offices in the fintech sector.
His views are reassuringly and profoundly cynical.
He sees so many supposed businesses that are just an app unburdened by any of the drudgery of dealing with actual customers that he no longer pays attention to them.
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