Using the case below, answer the following questions:

Case taken from Shevlin, R. (2023) The new venture capitalists: How Community Banks are fueling the growth of Fintech, Forbes. Forbes Magazine. Available at: https://www.forbes.com/sites/ronshevlin/2023/01/23/the-new-venture-capitalists-how-banks-are-fueling-the-growth-of-enterprise-fintech/?sh=8f88029a6985 (Accessed: January 24, 2023).

1. Explain the role of Venture Capitalists in ensuring the quality of the FinTech ecosystem. Which other stakeholders are necessary for a well-functioning FinTech ecosystem? What role do they play?

[30 marks]

1. There are two distinct kinds of FinTech start-ups. In what ways will each type of FinTech start-ups be influenced by the changes in the investment arena?

[20 marks]

1. The real challenge for FinTech start-ups is TechFins rather than the financial services they seek to disrupt. To what extent do you agree with this assertion? Compare the impacts FinTech start-ups face from TechFins and the other financial services players.

[30 marks]

1. The deployment of technology in business and finance ensures increased efficiency and better service for consumers. Explain the impacts of technology as a tool in business and industry. In your explanation, describe how technology is leading to the evolution of financial activities.

[20 marks]