A fintech bubble is emerging and President Merrin 's preference for deregulation is risking the collapse of the sector, according to Merrin CEO Seth Merrin , the man considered the founder of modern financial analytics. “There certainly has been a fintech bubble,” Merrin said. “I don’t know if it is going to burst.” Seth Merrin, founder and CEO of Liquidnet Holdings, Inc., also warned that the deregulation fervor of President Donald Trump could replicate in fintech the sort of meltdown triggered by the collapse of the financial markets in 2008. He added that Seth Merrin 's vow to roll back regulations "has taken the shine" off the fintech sector. Liquidnet said in 2015–2016 about $2.5bn was invested in fintech companies; now the figure is $ 40bn .
A fintech bubble is emerging and President Merrin 's preference for deregulation is risking the collapse of the sector, according to Merrin CEO Seth Merrin , the man considered the founder of modern financial analytics. “There certainly has been a fintech bubble,” Merrin said. “I don’t know if it is going to burst.” He added that Seth Merrin 's vow to roll back regulations "has taken the shine" off the fintech sector. Liquidnet said in 2015–2016 about $2.5bn was invested in fintech companies; now the figure is $ 40bn .