About FinTech
About FinTech The global events that occurred in the mid 2000's provided the perfect storm for this emerging industry. The GFC meant that experienced people lost their jobs, there was declining costs involved for startups and an increasing number of new graduates with no industries to enter, meant the talent that usually advanced the banks' dominance were encouraged to build their own businesses. The enormous success of early entrants such as PayPal and Square has had a profound effect on the industry with smart people the world over making products that focus on the user not the “middleman” (bank/incumbent). As more and more people are discovering FinTech they are realising […]
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