inMalta - MONEY 20/20 - June 2023 Highlights
In collaboration with Tech.mt, the Malta Digital Innovation Authority (MDIA), and Malta Enterprise, Finance Malta organised a business mission to Money 20/20 in Amsterdam between the 7th and 9th June 2023. Money20/20 is one of the world’s leading, premium content, sales and networking platform for the global money ecosystem.
The rapid development of Web 3.0
The recent developments of web 3.0 have highlighted its various benefits. Web 3.0 calls for a decentralised version of the web. With web 3.0’s rapid advancements, business strategies will likewise need to shift and evolve.
The growth of fintech ecosystems
The European continent has seen a massive surge in fintech investment, with 2021 alone seeing a staggering €340 billion pumped into the fintech industry. As technology evolves at a rapid pace, many traditional sectors are seeking to adapt to current market trends, increase market share and deliver a better overall customer experience. (more…)
Enhancing Malta’s Digital Competitiveness
Investing in human capital to create more opportunities and promote the wellbeing of society must be paired with the appropriate skills to take advantage of the digital society.
Top 4 fastest-growing startup sub-sectors
While the whole startup economy fueled by scalable technology continues to grow, 45% of startups being created globally are now in Deep Tech related sub-sectors.
In 2019, European FinTech Investment continued to accelerate, rising 49% to $8.4 billion
While technological innovation in finance is not new, investment in new technologies has extensively increased in recent years and the pace of innovation is changing rapidly.