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There are many signs that fintech is in a bubble, billionaire investor Flowers says
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Billionaire investor J. Christopher Flowers is worried there's a bubble emerging in the financial technology market.
«I think there are a lot of indicators that there is a bubble» in fintech, Flowers, CEO of investment firm J.C. Flowers & Co, told CNBC's Annette Weisbach in an interview.
Fintech companies have seen their market values soar in both the public and private markets over the past year, with some firms trading at higher valuations than major banks.
PayPal, for example, has a market
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