fintech

Fintech has dramatically evolved in recent years, with the most notable changes happening in the past decade. These changes have created new convenient ways for people to interact with their money and posed new challenges for those who struggle with finances. Is FinTech reshaping the financial industry, or is this a hyped-up myth? Here is what you need to know.

The last months have dramatically changed things in the global world. Still, there are no options to turn off the global finance sector. The use of fintech apps is rising. Investments in fintech startups are growing. The best fintech startups of 2020 aim to fulfill newly emerged consumers’ needs. In this article, you will read about 12 hot fintech startups of 2020.

With steady growth and determination of FinTech startups investors, FinTech is predicted to reach $4.7 trillion in valuation. Plenty of innovative and lucrative fresh fintech companies start changing finance industries in countries all over the world. No wonder that investing in FinTech startups is an attractive and popular option among venture capitalists.

Recently updated on October 29, 2024If you are reading this article, you probably realize the vast potential of digital finance and want…

Currently, there are over 1600 fintech firms in the UK, and this number is expected to double in the 2030s. As follows, the emerging digital banking companies are numerous, and they come in different tastes and flavours. Unfortunately, not all of them will see through to stable success as it often happens with startups. However, the number of bright fintech rookies is surprisingly impressive.

American Financial Sector gets cyber attacked “over a billion times a year,” stated CEO of PayPal and a chairman of Symantec, Dan Schulman, in this interview. In 2017, Banks lost $16.8 billion to cybercriminals according to Javelin report. The number of Data Breaches reported by UK financial companies to Financial Conduct Authority “rose 480% in a year” according to RPC report.