Fintech Startup to Keep in Your Back Pocket
Fintech is a booming industry that’s on everyone’s mind, especially investors.
Though the sector saw a substantial drop in quarterly funding for the first three months of 2022, fintech still experienced record deal activity, according to CB Insights.
The explosion of fintech companies and startups isn’t surprising. As the tech-savvy Millennial generation has aged, banking and financial options evolved, too, and once rare perks like mobile banking became standard, forcing brick-and-mortar institutions to become tech-enabled.
But banks aren’t the only financial institutions that have made tech-driven changes. Entire markets — from digital loans and mobile stock services to e-commerce payment platforms and digital currency exchanges — are rooted in digital financial access.