Infographic: Fintech Overview and Trends 2021

In the age of digital transformation, traditional banking has been looking over its shoulder as a new, agile competitor strides into the ring: the neobank, or digital bank. With their customer-centric approach, next-gen technology, and the lack of physical branches to weigh them down, neobanks are changing the financial landscape at an unprecedented pace. We’ll…

Neobanks are digital-only banks that operate without physical branches and offer innovative financial services to customers. They are powered by fintech, which is the use of technology to improve and automate the delivery of financial products and services. Neobanks are challenging the traditional banking industry by offering faster, cheaper, and more convenient solutions to consumers…

Small businesses play a crucial role in driving economic growth and innovation in their localities, but they often face myriad challenges—including accessing the right financial services. When partnering with traditional banks, these businesses frequently encounter roadblocks that hinder their potential for expansion.  Entrepreneurs who run small- or medium-sized enterprises (SMEs) or startups likely dread having…

Fintech is a new reality? Cash is becoming a thing of thе past, as morе and morе pеoplе arе opting for digital paymеnt applications. We prefer to pay with ApplеPay, PayPal, etc. Thеsе applications offеr convenience, spееd, sеcurity, and analytics for both consumеrs and businеssеs. Howеvеr, thе transition to a cashlеss society is not only…