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Money 20/20 Europe: Fintech thriving despite harsh conditions

Airwallex CEO Jack Zhang speaking at Money 20/20. Photo: Carmen Cracknell

The takeaways were that blockchain had already proved its utility and AI would soon be maximized.

Several speakers noted challenging macro conditions but had a positive outlook for fintech and embedded finance. A packed out auditorium listened to HSBC CEO Ian Stuart talk about the SVB buyout and why HSBC acted so fast. He also spoke of feeling the need to support the UK’s startups.

“The