Independently Published
Fintech: Beginner Guide to Fintech Innovation, Regulation and Startup
Key Metrics
- Scorpio Digital Press
- Independently Published
- Paperback
- 9781089615088
- 9.02 X 5.98 X 0.14 inches
- 0.23 pounds
- Business & Economics > Finance - Financial Engineering
- English
Secure TransactionBook Description
As a definition, Fintech is usually applied to the segment of the technology startup scene that is disrupting sectors such as mobile payments, money transfers, loans, fundraising, and even asset management.
Why fintech matters to the business world
The rise of fintech has forever modified the means firms do business. The traditional model of a replacement business turning on to its native main street bank and/or a traditional capitalist isn't any longer the sole game in the city.
From crowdsourcing to mobile payments, there has never been as much choice for entrepreneurs as there is present. It's ne'er been cheaper to not solely set-up your business, but also to expand it.
Crowdsourcing, for example, allows people with big ideas to get funding quickly and easily from anywhere in the world from people they have never met. Instead of months of capitalist talks, entrepreneurs can - thanks to the shop-window that is the internet - pitch directly to the world. Those with the magic touch can see the funds roll in within a matter of weeks rather than months.
How fintech changed the customerThe rise of the smartphone has massively modified the behavior of customers. Thanks to the 'always online' culture we tend to board nowadays - and also the proliferation of services and apps that feed it - folks cannot solely access info and data that they had ne'er antecedently been ready to, they can do so whilst waiting for a bus.
Whether it's checking their online account or setting up an online investment portfolio, people now expect to handle financial affairs as easily and conveniently as they do their email or Facebook page. It's an enormous chance for businesses and shortly no enterprise can succeed and flourish while not the correct fintech services in situ.
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