Authors : Gautam Gole and Makarand Kelkar

The banking industry in the United States has experienced rapid consolidation since the financial crisis of 2008. Despite consolidation of over 35% over the last decade, there still are about 5000 commercial banks operational in the US. …


The current Fintech and Banking landscape in US contains about 5000 FDIC registered banks (Top 100 Banks 82% market share), 5100 Credit Unions and over 8000 VC funded Fintech’s.

As posited in our previous article, we strongly believe that the banking industry will undergo a round of consolidation driven by…

Makarand Kelkar

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