Alex Lazarow outlines six key predictions for fintech startups in 2026, challenging common assumptions about growth and expansion. First, he argues that while cross-border expansion may slow down, the replication of successful business models will pick up speed. The regulatory and operational hurdles that come with launching in new markets mean companies will need strong local partnerships or unique data to succeed. Startups will find it easier to replicate existing models in various cities than to expand broadly into new territories. Lazarow also highlights an impending "AI churn," where many AI companies may struggle to convert pilot projects into long-term contracts. Competition will intensify, and customer expectations will shift as they reassess their AI investments. Companies that manage their valuations carefully and reach profitability will have an edge in future funding rounds. The trend of moving away from Silicon Valley is set to continue, with emerging markets producing significant returns and talent, though recognition for these regions may lag. Mergers and acquisitions (M&A) are making a comeback as a strategic tool, with companies looking to acquire distribution channels and consolidate fragmented markets. Founders may increasingly consider M&A as their primary exit strategy. Lastly, the distinction between tech and services is becoming less clear, with startups blending both approaches to deliver outcomes rather than just tools. Successful companies will use services strategically to gain a competitive advantage. Overall, those who focus on depth and nuanced understanding will find the best opportunities amid changing market dynamics.