Post-Fintechs arrival & building a new value proposition for customers, Banks adopted a collaborative approach to work together and develop new products, business models, and value drivers for customers. Emerging demands from Fintechs led to banks opening up their services
49 startups have received seed funds in the last 1 year and 7 have received funding from angel investors. This is a major indicator of the investor’s confidence in the revival of the economy and the Fintech startup space.
Post- COVID, the whole of financial services has been going through a major transformation. On one hand, the fintech industry is going through an unprecedented transition due to the pandemic while on another side, the entire banking & financial sector
The month of January has seen total funding of $130 million*. A total of 16 startups in the fintech segment got funded in the month of January. This amount is a little lesser than that of December. The payments segment
The decade started with a lot of expectations and major changes in the Banking sector. COVID or Mutant COVID has posed a lot of challenges and changes to the business community and the Banking sector was no different. All of this
Open banking has opened up a new collaboration line for Banks to forge a partnership with Fintechs and build new business models using a set of banking APIs. Fintechs have also lapped up these opportunities to create new business models
WealthTech is a subset of FinTech, that uses advanced cutting-edge technologies and digital solutions to make traditional wealth management automated, more efficient, and digital. Technologies that are used in WealthTech services are- Artificial intelligence, machine learning, Natural Language Processing (NLP),
NEXT YEAR WILL SEE A HUGE INCREASE IN SETTING OF STARTUPS: Covid has adversely impacted the livelihood across all segments and levels. We see many of these impacted people focus on building their own start-ups in 2021 as they see newer