Welcome to your Fintech Future!
The word "Fintech" is a combination of the words financial and technology and is used to describe new and improved ways to automate the delivery and use of financial services for companies, business owners, and consumers.
Are you a Fintech Entrepreneur?
In recent years, the Fintech Industry has become a more open and welcoming space for the everyday consumer. Fintech now describes a variety of financial activities, such as money transfers, depositing a check with your smartphone, bypassing a bank branch to apply for credit, raising money for a business start-up, or managing your investments, generally without the assistance of a person. More Fintech services are becoming part of consumer's lives on a daily basis.
No longer do you have to face the Banker, just to be denied, with nowhere to turn. Everything from being able to go online to see your financial transactions to apps that allow you to pay friends to tools that allow financial institutions to make quick lending decisions are all part of the evolution of the Fintech Industry. Also, the ability for investors to do their own research, choose stocks and see their portfolio performance in real time is another example of Fintech services.
And in the last few years, we have had an increasing number of those who have become Entrepreneurs, owing their own companies or start-ups. However, the one area that has still been difficult for some is obtaining an adequate amount of funding to insure a healthy, successful business. But that is all changing and there are more opportunities for anyone to become a Fintech Entreprenuer.
