The unconquerable attraction of cash

By Suzanne Cluckey

Fintech investment hit an all-time high in 2016, but has this massive investment translated into consumer adoption? A new study by Blumberg Capital, an early-stage venture capital firm, suggests that it might not have — at least, not yet.

An online survey of consumers in France, Germany, Israel, the U.K. and the U.S. poll revealed that fintech does appear to be gaining traction, with Israel emerging as a leader in early-adoption, according to a press release.

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