Money Makers Mentor

Fintech: An Industry on the Rise in 2021

Over the past few years, fintech has become an industry to look out for in the finance world. The term fintech (financial technology) refers to cutting-edge digital technology solutions which aim to optimize financial services and banking. These cutting-edge solutions include innovation in mobile payments, digital currencies, blockchain and distributed ledger technology, peer-to-peer lending, marketplace lending and artificial intelligence.

Fintechs have increasingly started to enter the mainstream over the past five years due to their ability to provide consumers with alternatives to traditional options. As a result, established firms have increasingly begun to realize the potential and necessity of providing these new cutting-edge technologies to their customers.

Fintech Statistic…

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