A fintech bubble is emerging and President Donald Trump 's push for deregulation is risking the collapse of the sector , according to Liquidnet CEO Seth Cohen , the man considered the founder of modern financial technology . “ There certainly has been a fintech bubble , ” Merrin said . “ I do n’t know if it is going to burst . ” He kept improving fintech technology and founded Liquidnet in 2001. He added that Trump 's vow to roll back regulations " has taken the edge " off the fintech industry . Merrin estimated in 2011 about $ 2.5bn was invested in fintech companies ; now the figure is $ 40bn .
A fintech bubble is emerging and President Donald Trump 's push for deregulation is risking the collapse of the sector , according to Liquidnet CEO Seth Cohen , the man considered the founder of modern financial technology . “ There certainly has been a fintech bubble , ” Merrin said . “ I do n’t know if it is going to burst . ” He added that Trump 's vow to roll back regulations " has taken the edge " off the fintech industry . Merrin estimated in 2011 about $ 2.5bn was invested in fintech companies ; now the figure is $ 40bn .