FinTech Investments Quadruple: Top Trends To Watch
Investments into FinTech startups recently quadrupled, growing from just over $3 billion in 2013 to over $12 billion in 2014. And consider alongside that another trend showing that crowdfunding will surpass VC in 2016 as a funding source–given that crowdfunding itself is a segment of the FinTech market. Source: FinTech Investments Quadruple: Top Trends To Watch
Robo-Advisors – The future of Financial Advice?
Robo-Advice There are a couple of approaches to Robo-Advice. The first is where a computer program will determine your individual circumstances and then offer advice on products and shares you should buy or insurances you should hold. The second is the slew of new budgeting apps that can analyse your spending and investments and provide you with the knowledge to make changes yourself.
FinTech’s approach to Payments
Payments Advances in the way we carry out payments represents the birthplace of FinTech. From the first credit card transactions carried out by Diners in the 1950’s there has been progression in the way we make payments. This means that the landscape for payments is a varied mix of new and old as well as large incumbents and tiny startups. It is also a hotbed of acquisitions and mergers. New approaches to payments are wide spread and have been the focus of banks and credit card companies for a long time. We have come a long way from the carbon copy credit card ‘machines’ some might remember from the early […]
Investing opportunities in FinTech
Investment Investment in FinTech takes two directions. Firstly you can invest your funds into companies such as peer to peer lenders for them to distribute as loans. This takes the form of either direct investment for the wholesale investor or investment into managed investment schemes that administer the funds for a fixed return. Obviously as the level of management increases the returns will decrease but so too will the risk. The second approach that is starting to gain a foothold is to invest directly into the companies themselves through new ‘crowd funding’ platforms that provide you with equity for your investment. These equity raising platforms are great for anyone looking […]
Just what is Fintech?
Financial Technology, also known as FinTech, is a line of business based on using software to provide financial services. FinTech companies are generally startups founded with the purpose of disrupting incumbent financial systems and corporations that rely less on software.[1] Global investment in FinTech more than tripled to $4 billion in 2013 from $930 million in 2008.[2] The nascent FinTech industry has seen rapid growth over the last few years, according to the office of the Mayor of London. Forty percent of London’s workforce is employed in financial and technology services.[3] In the Asia Pacific region, the growth will see a new FinTech hub to be opened in Sydney, Australia, in April 2015.[4] There is already a number of strong […]
Watch out big banks, here comes RateSetter
Test text One of the world’s largest peer to peer lenders, RateSetter, says it will be operating in Australia by the middle of the year, with an ambitious plan to attack the lucrative personal finance market dominated by major banks. Source: Watch out big banks, here comes RateSetter
