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Almost two-thirds of Americans said they are willing to buy or apply for a financial product from a fintech company instead of a credit union or other traditional financial service provider. Even more Americans said they believe those fintech companies are more likely sell their personal financial data, according to a new survey from Ondot Systems.
The digital card services company's survey of 2,010 U.S. adults at the end of January found that 64% of all respondents and 81% of people ages 18-34 would consider getting products from fintechs. However, only 55% said they trusted tech companies with their personal financial data; for the 18-34 crowd, that number was 66%.
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