About Fintechs - Brief Introduction
What is Fintech ?
Derived from Financial Technology, FinTech is an alternative concept to the traditional methods of banking and finance.
FinTech delivers financial services, using a variety of recognised digital tools and systems, such as Artificial intelligence, Blockchain, Cryptocurrency, Dapps, Cloud computing, Crowdfunding, Digital Wallets, Big Data and other emerging technologies.
There have been various companies emerging over the last few years in the FinTech sector, including:
Wealthfront, Kabbage, Personal Capital, Lending Club and Paypal ....
Many people may not realise, that Paypal actually pioneered the digital wallet and at over 20 years old, is in fact one of the longest established and most widely used Fintech Companies in the world.
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Further reading:
Online Accountants SaaS
Digital Wallets
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